Lending360 Offers Competitive Mortgage Loans
Woodland Hills, CA, January 1, 2017 (Newswire.com) - Lending360 is one of the leading mortgage companies in the U.S., taking every opportunity to not only provide industry-leading lending services but also offers a level of customized service that many of its competitors can only dream to provide. The company strives to understand and meet every client's borrowing needs effectively. From reverse mortgages and ARMs to home equity lines and more, they make it their prime objective to provide support that customers can count on.
“For a lot of people today, bad credit may not come from poor management of funds." Lending360's chief finance officer said, "Maybe you lost your job, or maybe poor health kept you from working. But none of these variables mean you will be irresponsible with a home loan. Every person deserves to be able to buy their own home. Thankfully, FHA loans give loan opportunities to prospective home buyers with less than perfect credit.”
"For a lot of people today, bad credit may not come from poor management of funds." Lending360's chief finance officer said, "Maybe you lost your job, or maybe poor health kept you from working. But none of these variables mean you will be irresponsible with a home loan. Every person deserves to be able to buy their own home. Thankfully, FHA loans give loan opportunities to prospective home buyers with less than perfect credit."
Lending360
Similarly, the U.S. Department of Veterans Affairs designed a program that provides service members, eligible surviving spouses and veterans the opportunity to obtain, build or refinance their housing at affordable rates with fewer restrictions. Plus, no limitations are placed on the number of times a qualifying individual can take advantage of the program. In addition to purchasing a home, the program can provide funds for repairing, maintaining or adapting a property to make it suitable for living.
“When looking for a mortgage lender, some things separates a good lender from a bad one," Lending360's chief finance officer added. "Research your lender and ask your real estate agent for their opinion. A quality lender will have positive reviews about timelines and communication with clients. Also, effective communication is vital. Choose a lender who takes the time to know you and your loan requirements, as well as what you expect out of them. It's critical that a lender understands not only your financial position but also what you're seeking to get out of your purchase.”
Lending360 provides reverse mortgages to those looking for reverse annuity mortgage options (namely, individuals who are 62 years of age and older). These mortgages allow borrowers to remain in their homes without the monthly payment, and the money they receive through agreement is not taxed. Attractive features of reverse mortgages include the fact that buyers get to keep the title of their home, their income is not taxed and they won’t likely affect their Medicare and Social Security Benefits.
Another loan created to help dreams of homeowners become a reality is the USDA loans, which provides an option for approved rural and suburban properties where the borrower puts as little as 0% down. The loan is backed by the U.S. Department of Agriculture and provides competitive rates and modest insurance premiums. People searching for USDA loans can use them for a range of properties including newly built homes, pre-existing homes, commercial properties and condos.
About Lending360
At Lending360 every service provided is built around the client. These services include refinancing, FHA loans, reverse mortgages, USDA loans, commercial loans and VA for those searching for the best VA home loan lenders.
Source: http://www.lending360.net/