Foreclosure Figures in Florida
According to the website RealtyTrac, In October, the number of properties that received a foreclosure filing in Florida was 28% higher than the previous month and 14% lower than the same time last year. Among foreclosures in Florida, De Soto County made the top of...
Hard Money and Bridge Loans
At Monroe Funding Corporation, we’re all about offering flexible financing needs. If you wish to secure a loan using your home or property equity but banks aren’t willing to give you a chance, we can help. We’ve helped numerous individuals with situations such as...
Choose Hard Money Loans in 2020
With fewer than two months remaining before the arrival of 2020, you may be wondering whether a hard money loan is the right decision for your financing needs next year. Let’s take a look at a couple of reasons why you may wish to consider hard money lending. Hard...
Things to Know About Hard Money Lending
Based on assets, hard money loans are secured via private investors or businesses through property. Monroe Funding Corporation has an extensive history of funding acquisitions for real estate investors rapidly. A hard money loan can be overwhelming to someone who has...
It’s Quite Hard to Get a Mortgage in Florida
Owning a property is a goal many strive to achieve yet for many, this dream goes unfulfilled because of the stringent requirements to receive a mortgage. Most borrowers are denied and a recent Reader’s Digest article seems to reinforce that Florida is among the states...
Financing with a Lack of Traditional Credit
You may make good money but you have little credit. How is such a thing possible? Perhaps you stay away from using credit cards or you only pay for things in cash. Regardless of the reason, you’ve decided it’s time to buy a home. However, without credit, how do you go...
Using Home Equity Wisely
If you’re facing financial struggles, you may think there are few options available to you. However, if you’re a homeowner, it may have considerable equity that may help with making ends meet while you get back on your feet provided you use the equity wisely. Your...
Improve the Appraisal
The appraisal is an important part of the refinancing process. Investors need the reassurance that the home value is well above the refinance level. Chances are they won’t accept loans for values too close or even above the appraised value of a home. There are steps...
Is It Worth Paying Cash for a Property?
Many homeowners look forward to the day their mortgage is paid off and their home belongs to them, free of debt. Some people may be able to pay cash for the home and own it free and clear from day one. While not many can pay cash for a home even if they wanted to, it...
What’s the Best Way to Finance?
Buying a home means having to make several important decisions. Among them, you’ll need to figure out how you intend to provide financing. This often means choosing between cash or applying for a mortgage. Buying a home with cash has its benefits if you have the means...
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