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Another important thing that banks should see is the income story. If a potential borrower recently started a new job, the bank can reject the loan application due to an insufficient income history, even if the borrower earns a healthy income. Hard money lenders can analyze these problems as long as the loan is repaid […]
Stratton Equities is a leading direct private lender who works directly with borrowers to acquire funding for the desired investment credit scenario. Private money loans can be an attractive opportunity for both parties. Investors looking for alternative sources of finance will find that the benefits include a faster approval process and better access to finance. […]