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Putting Bad Credit or No Credit Mortgage Lenders on Notice
Putting Bad Credit or No Credit Mortgage Lenders on Notice
Property Buyers and Private Lenders Find and Secure the Most Favorable Mortgage Deals from Across the Country at Mortgage 4 Auction – The Official Intermediary for “Hard Equity Funding”
Fort Lauderdale,
Florida,
United States
(pr4links.com)
31/03/2011
Considering the state of the economy and how much more difficult it is to obtain a loan by conventional means, more and more Borrowers are looking to Private Lenders for funds. Still, without proper exposure to what’s out there, how can Borrowers and Lenders alike be sure that they’re getting the best deal for their specific needs and circumstances? Enter Mortgage 4 Auction, the official intermediary between Borrowers and Private Lenders. This groundbreaking new site turns the tables on traditional mortgage lending by allowing Prospective Borrowers to clearly define the terms of their desired loans upfront. Once they do, prospective Lenders from all across the country get the opportunity to bid on loan requests and compete with one another for the Borrower’s business.
According to Mark Sparks, a Mortgage 4 Auction Borrower from Ft. Lauderdale, the website made all the difference in his quest for an affordable and competitive second mortgage. Said Sparks, “The market has everyone trying to outperform everyone else and your company made the whole process simple for me and easy to understand. The entire process was explained to me in easy terms and I'm sure that I got the best deal possible.“
How Mortgage 4 Auction Works
Borrowers or their Mortgage Broker post all of the details for their desired loan on the website. Once posted, thousands of mortgage brokers and private lenders from all over the country will be able to view the specifics of the loan request and make an offer to fund the loan. Both offers and requests are made completely free of charge. Should the Borrower accept a loan offer from a Lender or mortgage broker, only then will they be required to pay a convenience fee to the website, not before.
About Mortgage 4 Auction:
Mortgage 4 Auction is the official intermediary between Borrowers or their mortgage brokers and Private Lenders or their brokers. The company’s website creates the necessary tool to put together borrowers and lenders to consummate a mortgage loan on real property. These loans are for borrowers who, for a number of reasons, have chosen not to apply for conventional loans through banks and therefore are seeking private funding, also known as "hard equity funding". Instead of entering into unfavorable mortgage deals, with the help of Mortgage 4 Auction, borrowers and lenders alike are finally able to secure the most favorable mortgage deal for their unique circumstances.
For more about Mortgage 4 Auction, visit: http://www.Mortgage4Auction.com
About
Mortgage 4 Auction is the official intermediary between Borrowers or their mortgage brokers and Private Lenders or their brokers. The company’s website creates the necessary tool to put together borrowers and lenders to consummate a mortgage loan on real property. For more information visit http://www.mortgage4auction.com
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