Closing Costs: The Final Step When Purchasing Your Home
One of the last steps you need to take when buying a home is paying for closing costs, and you will be required to do so whether you are buying a new home or refinancing an existing mortgage. Closing costs are the processing fees you pay a lender and they do not include the price…
Read MoreGreat Financing Options When Buying Your First Home
Buying your first home is a very exciting step in life, however, it is one that comes with many financial decisions that can sometimes seem overwhelming. Luckily there are many programs available that are intended for first time homebuyers that make homeownership a little more straightforward and simple. If you are interested in purchasing your…
Read MoreUsing Government Backed Loan Options To Purchase a Home or Business
If you are interested in becoming a homeowner or a business owner, there are certain mortgage options available from the government that can save borrowers a significant amount of money. If you are interested in buying a home or operating a business and want to know more about your financing options, Preferred Capital Funding can…
Read MoreInvestment Property Opportunities
There are multiple advantages to owning an investment property and it can be an excellent source of income. Purchasing a property to either rent out or resell can help boost your assets and can help you reach your financial goals. When it comes to investing in a property, there are a variety of options available…
Read MoreHow Will Rising Interest Rates Impact Investment Properties?
With inflation at its highest point in years, the central banks have increased interest rates in order to balance out the economy by slowing the rate of borrowing. This has many people wondering how the real estate market will be affected, and how this hike in interest rates may affect investment properties. If you and…
Read MoreFinancing a Hotel
Operating a hotel can be a lucrative investment opportunity, and is one that takes a great deal of funding to get off the ground. Obtaining a traditional business bank loan for a hotel is typically very challenging due to the rigid requirement criteria of banks, but with recent shifts in the industry, a hotel developer…
Read MoreObtaining Financing For Convenience Stores and Liquor Stores
Owning and operating your own convenience or liquor store can be a lucrative, recession proof business because these stores offer a variety of necessities that customers can purchase quickly and easily. Owning this type of business takes a great deal of management, marketing, and customer service skills, but if a business owner is willing to…
Read MoreDenver: One of the Country’s Hottest Multifamily Real Estate Markets
Many Western US markets are extremely strong for multifamily real estate. Denver, for example, has been very popular among real estate investors for years ― a major reason it annually ranks among the top cities in the U.S. for housing growth. Denver is a draw for people looking for big city life as well as…
Read MoreSBA 7a Loans: Still a Great Option!
If you’ve been in the market for an SBA 7a loan since the pandemic hit, you know that Congress provided several relief benefits that helped business owners weather the COVID storm. Specifically, the 7a program was enhanced by increasing the government loan guarantee to 90 percent; forgiving the standard SBA Loan Guarantee Fee; and waiving…
Read MoreKeys to a Successful Letter of Explanation
Life doesn’t always go as planned. We all face obstacles in life and business, but that shouldn’t mean you can’t go forward with your goals. A bump in the road for a real estate investor or small business owner can become a roadblock with the local bank. Your reportable tax return income may suffer, or…
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