Reverse mortgage is not like any other regular mortgage. It may or may not suit everyone. However, you can find out if this option is the right one for you, if you can determine the answers to the 5 questions mentioned below.
When small businesses are in need of urgent cash, it hardly makes sense to contact a corporate lender or a bank for traditional loan options. While most don’t qualify, even those that do will have to go through a lengthy application process and wait for a long time to obtain the funds. A more appealing and timely option is a merchant cash advance.
If you are a small business in need of some urgent cash, Merchant Cash Advance should be the first thing that comes to your mind. They are available easily and quickly. In fact many lenders even contact potential borrowers directly through merchant cash advance leads. However, there are certain myths about MCAs that stop many small businesses from leveraging this valuable financial resource. Here are 7 such myths, along with a few facts that help in debunking them:
If you are into mortgage lending business, you should know how important it is to have a list of qualify-able mortgage leads. It doesn’t matter what the size of your business is, you will always require a steady stream of solid leads. A business without leads is like a luxury Jet plane without any gas – it is of no use.
With so many lenders offering mortgage options, it is always advisable to compare your options and then decide on the right lender. Unfortunately not many do this. They go with the first mortgage lender who gets in touch with them directly by purchasing mortgage leads from lead generating firms. As a result, most borrowers get stuck with bad mortgages.