by Steve Abo | Jan 8, 2021 | Non-QM Loans
No-Doc Mortgage No-doc mortgage, also known as no-income or stated-income mortgage allows an applicant to qualify for lending using non-standard documentation. A no-doc mortgage does not require income verification from the borrower. Instead, lenders approve this...
by Steve Abo | Dec 15, 2020 | Glossary of Mortgage Terms
How to Qualify for Small Business Loans in Los Angeles There are many options you can use to secure funding for a small business. One of the most successful ways is getting a Small Business Administration (SBA) Loan. These are the best loans for financing small...
by Steve Abo | Nov 30, 2020 | Construction & Development Loans
What Lenders Look for in Commercial Real Estate Loans Small business owners and investors use small commercial properties nationwide to support and run their businesses. These types of assets are quite valuable especially when you need a loan to help realize your...
by Steve Abo | Nov 9, 2020 | Credit Score
Average Credit Scores Rise Amidst the Coronavirus Pandemic FICO, an organization that tracks one of the most important metrics used by lending institutions has reported an increase in credit scores at the verge of the Coronavirus pandemic. According to FICO,...
by Steve Abo | Oct 31, 2020 | Fix & Flip Loans
When you’re a private lender like we are, you get to set your own rules. That’s much different compared to traditional lending in today’s marketplace. Here in the United States, the most common home loans issued are those approved using standards set forth by Fannie...
by Steve Abo | Oct 15, 2020 | Construction & Development Loans, Investor Loans
Private lenders have their own language used in the mortgage approval process and if you’re new to real estate investing we’d like to take a moment to review some commonly used terms you might hear during the course of your loan approval. Abstract: Also referred to as...
by Steve Abo | Sep 30, 2020 | Investor Loans
Cross-collateralization is a term used to describe a loan that is collateralized with multiple properties. One loan with multiple recorded liens. Most investors prefer the term “blanket loan” which essentially means the very same thing. One loan attached to several...
by Steve Abo | Sep 15, 2020 | Investor Loans
You know that we take a different approach when we review an application, either generated by a mortgage lender or broker, a real estate agent or directly from the ultimate borrower. If you’ve never applied for a loan from ABO Capital and are curious how we finance...
by Steve Abo | Aug 31, 2020 | Investor Loans
A private money loan is one that is issued to a borrower in order to finance and repair a property that currently does not meet industry standards. When a property is in what is considered a distressed condition, a traditional lender will not place a loan on the...
by Steve Abo | Aug 15, 2020 | Construction & Development Loans, Investor Loans
Everyone could use more business, right? Have you ever called a business to order something when they have said, “Sorry, but we have enough business right now”? No, of course not. That would be crazy. The more successful a business becomes, the proprietor...
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