PDF-The Truth About Getting Hard Money Loans for Bad Credit

Getting a traditional mortgage for a commercial real estate project is tough This is especially true if you need the cash quickly and you dont. Objectives. Describe the five C’s of credit. Explain how commercial loans are evaluated. Describe the steps in applying for a loan. Five C’s of Credit. Banks look at the customer’s . creditworthiness. Forms of consumer borrowing. Loans. : From a bank, a lending institution, personal (Family, Friends). Credit Cards: . Typically high interest cards used to make purchases. Secured Loan. A loan backed by something of value pledged to insure payment. Scores. Advanced Level. The Credit Process. Credit. – goods, services, and/or money received in exchange for a promise to pay back a definite sum of money at a future . date. Key Definitions. Credit . The National Economics Department. Financial Freedom Campaign. NAACP. Agenda. What is Credit?. Pros & Cons. Types of Credit. Understanding Financial Institutions. Importance of Building Credit. Credit Building V.S. Non Credit Building. A Financial Literacy Workshop. Presented by the . Office of Student Financial Aid Services. March 2016. Your Financial Future. Banking. Investing. Savings. Save One Million Dollars. Personal Finance. LEARNING GOALS. What is Credit?. Types of Loans. Credit Cards. WHAT IS CREDIT?. Your credit is your reputation as a borrower.. Credit Score. : . A. three digit number that summarizes this reputation.. The National Economics Department. Financial Freedom Campaign. NAACP. Agenda. What is Credit?. Pros & Cons. Types of Credit. Understanding Financial Institutions. Importance of Building Credit. Credit Building V.S. Non Credit Building. St. Augustine, FL. PROMOTING HEALTHY CREDIT AWARENESS. Presenter’s Name, Presenter’s . Title. Updated July 2014. Live Within Your Means. Knowing the difference between “wants and needs” puts you in control of your spending and helps:. Credit Unions and Banks. For-profit companies owned by shareholders. Not-for-profit institutions owned and controlled by their own customers, who are known as members. Managed by a paid board of directors elected by the bank’s shareholders. OBJECTIVES. Identify the sources of credit. Understand the types of credit. THE MAIN IDEA. There are many different types of credit . plans including . charge accounts. credit cards. single . payment . Learning Topics. Importance. Student Loans. Pre-Commissioning . Loans. Navy Salary . Investing. Stocks. 401k. Roth IRA. Sailors’ . Problems. Importance. Money is one of the biggest concerns of most people in the world. Price of iPhone 6. Quantity demanded. Quantity supplied. $1000. 0. 200. $800. 50. 150. $600. 100. 100. $400. 150. 50. $200. 200. 0. What do we call the point where supply and demand meet?. Bellringer. Nelson Funding offers 10 Day Bridge Loans, Multifamily Loans, Commercial and Industrial loans, Land, Fix-N-Flips, Equity, 2nd Mortgages, and More! Chapter 14 Money and Banking. Modified by:Yun Wang. Fall 2017, Florida International University. Defining money by its functions. 1. Explain the various functions of money. Money is anything that is generally accepted as a medium of payment..