The Blog
Thoughts, musings, and ruminations.
You can find loans for rental properties easily online with the help of a few clicks of your mouse. A lot of these lenders offer loans for rental properties to all sorts of people who are into business or real estate. It is not surprising that people with a bad credit score are also on the...May 26, 2021Rental Loans are great for real estate investors as well as individuals who have recently bought a new piece of real estate. These loans are different from traditional mortgages in a variety of ways, and they allow the property owner to pay only for the value of the property, instead of paying...The Federal Truth in Lending Act (TILA) makes it illegal for mortgage lenders to require prepayment penalties for borrowers who have chosen to acquire their own rental properties. Mortgage lenders can still require prepayment penalties for borrowers who choose to obtain a co-signer. However, they...
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