Home Loans:
Portfolio Loans
Finlay Financial Corporation (FFC)




Portfolio loans are loans which are often held in an
investor's "portfolio" and, therefore, do not necessarily
conform to standard underwriting guidelines. Portfolio loans
are more liberal in underwriting and are usually priced
according to the risk assumed by the investor. When one hears
that there is a loan for everyone, no matter your income, credit
history and/or equity in the property, these are the loans being
described. Some typical portfolio loans are listed below. If
you don't see what you're looking for, just call.
Eagle 40/60 - Home Improvement & Debt Consolidation
Loans to $75,000, are 40% home improvement (minimum) and 60%
debt consolidation (maximum). Up to 10% of the loan amount may
be cash in your pocket. Unlike the FHA Title One, the Eagle
40/60 can be for any purpose, including a swimming pool and/or
spa (to $50,000). It is available on owner occupied single
family homes, condos, PUDs and manufactured homes on a permanent
foundation.
Eagle 40 - Debt Consolidation and/or Consumer Asset Purchase
Up to 125% of your home's value on loans from $15,000 to
$40,000 (and in some cases up to $50,000) for terms up to 25
years. Available to owners of single family homes (no condos
or manufactured homes).
Second Trust Deed Loans
From Investors who sell to Fannie Mae (best pricing) to Hard
Money specialists (worst pricing), there are a number of second
trust deed loans available. Call today to find just the right
Second to meet your needs.
Homeowners in Foreclosure
When times get tough and your current lender has filed a
"Notice of Default", you will receive an avalanche of mail
advising you to file bankruptcy or to deed over your house to
someone who claims to solve your problems without affecting your
credit rating while avoiding capital gains tax due the IRS.
These "easy" solutions can have devastating results! Let our
foreclosure refinance specialist try and help you keep your
home. .
For additional information or problems reading these pages,
please contact Webmaster:
MacnSan@aol.com,
Marilou McSherry, copyright © 1997.
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