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WE
RECOMMEND We
have multiple loan broker programs. Because
of the economic downturn we are presently offering
only one of our loan broker training programs
The commercial loan field continues to be
profitable for potential commercial loan brokers,
new loan brokers, consultants or
finders. We do not recommend our Residential
loan broker program since this market is very
distressed and may continue to be distressed until
late 2009. Following is the loan
broker program we recommend. COMMERCIAL
LOAN BROKER PROGRAM There
is no licensing requirement for this program. You
do not
have to be licensed in most states to operate as a
commercial loan broker. Of course you will
be subject to a local business license. You
can set up shop on the Internet and offer
commercial loan funding. Sign up with Money
World Network Commercial Loan Broker program and
get our training and resource volume and FOR
A LIMITED TIME GET THE NEW ELECTRONIC MONEY SOURCE
DIRECTORY on CD A $395 VALUE. Plus
you get our password website for more training.
Do not believe you can become a professional in
commercial lending without training and
resources. However you get immediate access
to our password website instructing you how to get
leads and how to start processing commercial loans
through Money World Network and earn while you
learn. On this program you get 50%
of the net fees charged on the loan.
Example; On a commercial loan for $1 million
if 2 point origination fee is charged you will
earn $10,000. The
big reason we recommend this program is; (1) You
can receive professional training and process your
real estate related loans through Money World
Network (2) The new Electronic Money Source
Directory now included in the program is a real
safety net for loan brokers who specialize in all
type of non-real estate related loans.
CLICK
HERE
to review and sign up for this program.
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MONEY
WORLD AFFILIATE PROGRAM Loans
Nationwide & Offshore Getting
funded for your financial needs can be a frustrating and
time consuming effort. After many years in the lending
business, we know that finding the right funding source quickly can
make the money search a pleasant and rewarding trip.
Money may not be the most important
thing in our lives, but most of us have found there is no
suitable substitute. When
you need money you need it! Generally if Money World
Net Work cannot fund the loan with the programs we offer it cannot be funded! Don't
waste time looking for those hard to do loans! We
have the hard money plus a pool of conventional and private investors that
have the money to meet your real estate related loans USA & OFFSHORE!.
We specialize in hard money real estate loans. This is a commercial loan
normally secured by real estate. Credit and financials
are not usually considered-only the value of the security.
If you feel your commercial loan project will support a
higher interest rate then a quick hard money loan may be
your solution. Don't waste time looking for these type
loans; 100% hard money LTV, 75% hard money LTV,
foreclosure bailout loans 75% LTV and higher LTV these loans do
not exist. Yes we offer hard money land loans and
other hard money loans with fico below 500. Normally borrowers can get stated income and
stated asset commercial loans for quick closing without all
the bother of tons of paper work. Money
World Network will process your funding request for Home
loans,
Commercial loans or Hard Money Loans through our affiliate
program. Funding normally
will be by our
own private investors or affiliate investors when the
loans are real estate related. If the loan cannot be
funded through our own network we have other options for
you. We offer the largest money source directory
library on the Internet-you can go directly to the type loan
you are seeking and get that directory of investors and
lenders. Or you can search for an investor from our
computer loan search program from our data bank of over
100,000 lenders in the USA or Offshore.
You do not have to pay advance loan fees. There may be
processing costs in connection with your commercial loan-such
as title search, credit, site inspections, etc.-depending
upon the costs in making the loan. That will be
determined upon review of your application. The
type of loan will have different lending perimeters.
Following descriptions and perimeters should help you
identify the type loan you need; Commercial
Hard Money Loans These
loans by
private investors are for borrowers who have no other
option. The borrower may have a commercial project
that needs an infusion of funding that is not available from
conventional sources because of credit, type of loan,
geographic or other situation. Hard money investors
generally consider only the value of the real estate and
offer a low loan to value (LTV) of 65% of appraisal value.
Don't waste time looking for these type loans; 100% hard
money LTV, 75% hard money LTV, foreclosure bailout
loans 75% LTV and higher these loans do not exist. These
loans are short term 12-36 months, with interest only
payment and loan amount will be in the range of $250,000 and
up. Hard money land loans included. Normal loan costs will be 11% to 15% with loan
points ranging from 2 to 6. You will need to show a
reasonable exit strategy from hard money loans. Money
World Network does
these type loans. Foreclosure
Bailout Loans Foreclosure bailout
loans are similar to hard money loans. Generally this
will be an owner occupied home where hard times have fallen
upon the borrower and foreclosure is either near or a
complaint has been filed. Normal loan perimeters are
$150,000 minimum, 65% LTV, term can be up to 30 years with
rate from 9% to 13% and 2 to 5 loan points. Don't waste
time looking for these type loans; 100% hard money LTV,
75% hard money LTV, foreclosure bailout loans 75% LTV and
higher these loans do not exist. Exit
strategy is needed if loan is a short term interest
only. Normally a FICO score is not a consideration. Money
World Network does these type loans. Sub
prime Home Loans Sub
prime loans for home purchase and refinance benefits those
borrowers who have less than perfect credit for various
reasons but are otherwise financially worthy to buy a home
or refinance their home. Loan rates will be slightly
higher than for perfect credit borrowers who get the prime
rates. Yes we can do sub-prime 550 fico refinance and purchase
nationwide. This market of investors is now in a state
of flux and guidelines are more strict than in the
past. Money
World Network still does these type loans and normally you will get about
70%-80%
LTV with
these lower fico scores.
Large
Commercial Loans Large
commercial loans normally run from $1,000,000 (one million)
up to $100,000,000 (hundred million). Several lending
factors come into play with these type loans. These
factors include the financial strength of the borrower and
the strength of the collateral (real estate). Generally
rates and terms will be competitive. Often these
projects will not find favor with conventional banks and will be
ultimately financed by private investors. Seldom will
you be able to 100% commercial loan financing. Loan to
value (LTV) can run as high as 90% of appraisal value.
Money
World Network does these type loans.
Small
Commercial Loans Small
commercial loans could well be the backbone of the
commercial lending profession since it is small business
that drives the free enterprise system. Normally small
commercial loans will be $1,000,000 (one million) or less
with collateral ranging all the way from mixed use property,
convenience stores, gas stations to
funeral homes. Rates and terms permit borrowers with
perfect credit and borrowers with less than perfect credit
to get financed. Do not expect to find 95% LTV on
these commercial loans. Loan to value (LTV) can run as high
as 90% with most loans being funded at around 75% to
80%. Money World Network does these
type loans.
Land-Acreage
Loans When
real estate is financed it all begins with land. So
land and acreage play an important role in the real estate
industry for developers and all type of builders and the
construction industry. Land without an infrastructure
will normally finance at a low loan to value (LTV) of 50% of
appraisal value. Do not expect to find hard money land
loans over 60% LTV. The hard money, bridge financing,
short term investors come into to play in land
financing. Rates will normally be similar to hard
money funding. Money World Network does these type loans.
Mobile
Home Loans Mobile
home financing outside of dealer financing has been hard to
find in some geographic areas. Loan performance has not had
a good history as pertains to a mobile home with wheels
attached. Obviously when the home is mobile-like an
automobile it is moveable. Most ready financing
for mobile homes today are the doublewides where the home
has been permanently attached to the land and not easily
moveable. Favorable financing is available for
these homes more closely resembling site built homes. Money
World offers mobile home financing in most states.
Financing will range from 70% loan to value for older homes
to 100% financing for permanently attached homes to
borrowers having high FICO scores. Land-home financing
is available. Money
World Network does these these loans.
All
Other Type Loan Programs
Money
World Network does not fund any other type loan not listed
above-but rather offers those type loans through our
Electronic Money
Source Directory or from our Computer Loan Search
program. Brokers and borrower must search those
programs for investors and lenders and they are
available. These programs include such loan
types as Automobile, Consumer Loans, Education, Business
Startup With no Real Estate, Business Expansion with no Real
Estate, Credit Cards, Equipment Leasing, Receivable
Financing, SBA Financing and many others. If you are
signing up for our Commercial loan broker program you will get all of these
sources in our E-35 Master Electronic Money Source Directory
offering several thousand direct lenders in the USA and
Offshore in 34 different loan types (Included in the loan
broker program for a limited time only).
AFFILIATE
SIGN UP PAGE
$39.95 Per Month
P.O.B. 68055,
Albuquerque, New Mexico, 87193
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