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Trailer: A Bridge Life: Finding Our Way Home from Katrina

!: Trailer: A Bridge Life: Finding Our Way Home from Katrina

The main focus of the documentary is Dan Sheffer, a loan officer, husband and father of two from Plantation, Florida. He watched on television, like all of us, the trials and tribulations of the Katrina evacuees those first few days and wrestled with what to do, or what he could do. Inspired by a Good Samaritan, who aided hurricane victims in his own state, Dan's goal became clear; find evacuees willing to leave the hard cement of the Astrodome and escort them to relative safety and the chance of a new life in Florida; in essence to provide those willing with a bridge life. He then solicited pledges from friends and colleagues to help cover the cost of flying 10 evacuees from the Houston Astrodome, which he would recruit himself, back to Florida. Putting his life on hold, Dan's act of Good Samaritanship turned out to be a much tougher road than either he or anyone else imagined. Finding evacuees prepared to trust him enough to leave for an unknown future in another state would prove near impossible. But after several days, and with the help of other volunteers, Dan had finally enlisted seven evacuees ready to believe. Dan's story is but one of many heartening and heart wrenching tales to come out of Katrina and subsequent disasters the world over. What follows, is the tale of a group of strangers, bound by a common goal, faced with many human obstacles that would eventually drive them apart and back together again. While the story ends tragically for one evacuee, what ...

Trailer: A Bridge Life: Finding Our Way Home from Katrina

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What's an LOI (Letter of Intent)?

!: What's an LOI (Letter of Intent)?

Wondering about the details of how an LOI works? Well, in this video we answer that question and provide information to make sure you get your deal funded smoothly. www.acaimecreditpartners.com ©2011 The Aclaime Group, LLC

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How Can a Mortgage Bridge Loan Help You?

!: How Can a Mortgage Bridge Loan Help You?

If you are looking for a second home because you wish to upgrade your present home, you can consider taking up a mortgage bridge loan. This usually happens when home owners have yet to put up their homes on the market for sale.

The home buying scenario is quite common nowadays when you are looking to buy a home that is more suitable to your family's changing needs. You scout around and found the most wonderful and suitable home for you and your family but your personal finance is able to afford the seller's sale amount. A mortgage loan is the perfect solution and allows you to temporarily continue the existing mortgage commitments while taking care of the required financing the new home requires from you.

The mechanics of how a mortgage bridge loan works is that it uses your present home as collateral and allows your to pay off whatever mortgage from your existing home and provides you sufficient finance to pay off the required down payment of your new home. After your existing home has been sold you will then use the available funds to pay of the outstanding bridge loan amount. From here on you will just have to continue paying new mortgage loan on the new home you just purchased.

Most mortgage bridge loan is set up as a one year term period but with a high pre-paid interest. You will get back some portion of this interest payment if you do manage to sell your first home during this time. Otherwise you just continue to make payments on interest on the loan.

One disadvantage of such loans is that the interest rates tend to be high but it is still popular with borrowers who have found it a good solution to their cash tight problem while upgrading their home.

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24 HR Bridging Loans - Fast And Simple To Obtain

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You might have spotted a plot of land that seems to serve your purpose in a well manner. You also intend to sell your current property for the same purpose. The only hindrance that is stopping you from materializing the demand is the shortage of funds. But now you can easily arrange the necessary amount within the same day by considering the 24 hr bridging loans.

This loan policy is a collateral based form of loan. To approve the loan amount applicants have to pledge collateral as for example-land, estate, house, car, and even the plot that they intend to purchase. Based upon the equity of the collateral you can apply and approve the amount. The reimbursement term is short and extends only till 12 months from date of its approval. Within the stipulated date the applicants have to repay the loan by selling the existing plot. Lenders without any hesitation release the same benefits to bad credit profile holders because it the loan amount is secured against collateral. Individuals with no credit status can also apply and subscribe the privileges of the loans.

Numerous banks and private financial institutions offer this loan with attractive interest rates. Applicants should always be savvy while seeking for interest rates. Moreover, to procure a reasonable rate of interest amidst the miscellaneous offers collect the loan quotes and contrast them. This sort of exercise is rewarding for you in availing rates suitable for your budget.

In the competitive scenario, it is not at all wise to make any delay in purchasing the plot or else some other person will grab it. So, the wise thing to act in such situation is applying for the loan through the online application method. By taking this application process into consideration you can approve the loan within less time and without following burden of paper-work.

So, purchasing of plot and property is no more a headache and hard nut to crack because 24 hr bridging loans is always ready to assist for such cause.

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Commercial Loan Modification

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www.privatemoneyusa.com Blog-http COMMERCIAL MORTGAGE BACKED SECURITY MODIFICATIONS * Does the Loan to Value exceed 90%? * Does the Loan Amount exceed the true value of the property preventing the property from being sold? * Has the Property been repeatedly turned down for refinancing by both conventional & private lenders? * If a discounted payoff were obtained could you refinance or sell the property? * Have falling market rents & increasing vacancies caused the property to cash flow negatively? * Is there deferred maintenance? * Has the lender or servicer previously denied an extension or modification? Commercial mortgage brokers and their borrowers are currently struggling with how to effectively deal with maturing Commercial Mortgage Backed Security (CMBS) loan transactions. Many owners of commercial properties are not currently able to refinance their properties under any circumstance. The solution for many may be a commercial debt restructure or modification. We may be able to help restructure the term, modify the rate and payment, and in some cases reduce the unpaid principal balance. Borrowers need to demonstrate to their servicers and lenders their ultimate payoff plan or why it is in the lender or servicer's best interest to extend, modify or reduce their current debt obligation. These waters can be very difficult to navigate. Commercial Modifications are complex and have numerous legal ramifications. A successful commercial modification is usually negotiated ...

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Bridge Loan Application - How to Apply For a Residential Bridge Mortgage Loan

!: Bridge Loan Application - How to Apply For a Residential Bridge Mortgage Loan

Basically, a bridge loan is also called hard money loan. This type of loan is a short term loan that a person takes out and uses up until that person or company can get or secure permanent financing. What bridge loan does is that they technically bridge the gap for your needs to pay the bills for your immediate cash needs and also for paying the final closing for an investment or a long term financial package. This can really come in handy when you need funds from your existing home's equity to make a down payment on a new home.

If you plan on applying for a bridge loan with the purpose of applying for a residential bridge loan mortgage, then you will see that bridge loans can be quite helpful when it comes to securing your financial needs. You can use this to restructure debt or in order to avoid claiming bankruptcy.

The great thing about residential bridge loan mortgage is that you will be able to join two transactions when you are selling an old home and buying a new one. As you can see, if you need to get a short term loan that will provide you with instant funding to fund your purchase of a new home, then bridge loan is for you.

With bridge loan, you can secure the closing cost of the mortgage and you will also be able to bridge the gap in order for you to get financing quickly. Remember these things and you will be able to get residential bridge mortgage loan in no time at all.

Bridge Loan Application - How to Apply For a Residential Bridge Mortgage Loan

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AIG Gets "Bridge Loan"; Hedgies Get Free Shots

!: AIG Gets "Bridge Loan"; Hedgies Get Free Shots

Pure insanity. By getting "warrants" wiping out 80% of shareholder equity, Paulson has painted a target on the back of every firm in America that has written a credit default swap. You don't think he intended to do that, do you? He's from Goldman..... naw........

AIG Gets "Bridge Loan"; Hedgies Get Free Shots

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Lower rate loan draws more bridge loan biz.(Kennedy Funding's new loan rates): An article from: Real Estate Weekly

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Citation Details
Title: Lower rate loan draws more bridge loan biz.(Kennedy Funding's new loan rates)
Author: Jeffrey Wolfer
Publication:Real Estate Weekly (Magazine/Journal)
Date: June 8, 2005
Publisher: Hagedorn Publication
Volume: 51 Issue: 43 Page: S4(1)

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CMBS: crossing the bridge. (commercial mortgage-backed securities): An article from: Mortgage Banking

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This digital document is an article from Mortgage Banking, published by Mortgage Bankers Association of America on July 1, 1998. The length of the article is 3288 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

Citation Details
Title: CMBS: crossing the bridge. (commercial mortgage-backed securities)
Author: Joe Rubin
Publication:Mortgage Banking (Magazine/Journal)
Date: July 1, 1998
Publisher: Mortgage Bankers Association of America
Volume: v58 Issue: n10 Page: p10(6)

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www.us-finance-solutions.com A commercial bridging loan may be just what your company to make it through a difficult time or just to get only as a commercial bridge loan, until longer-term secured commercial financing needs. U.S. financing solutions, Inc. in connection with and Randolph Capital, LLC can help your company to acquire a fast hard money commercial bridge loan. commercial bridge loan is a great alternative to having to sell assets or investments to solve a short-term liquidity or other problem.

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