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Old 09-28-2005, 08:52 AM
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Default No Credit Check Real Estate Laons

Qualifications:=20
1. The buyer can be the individual wanting a home or an investor=20
looking to finance an income property. Rehabs, Pre-foreclosure=85etc

2. The property has to have at least 20% equity, the more the better.
=20
3. The buyer income has to qualify. The general rule is 25% of gross=20
monthly income.=20

To play with the numbers
--- If the buyer has 10% or ($10,000) down whichever is greater, then=20
the rate is 9.90%=20

---- If we have to carry back the down payment because the buyer does=20
not have it then a second is created and the rate is 11.99 %.=20

---- The buyer will need to bring about $1,100 to the table at=20
closing.

For information and an application (in-house form) send me an email=20
MidasFunding@aol.com
or call toll free 888=3D642-3924

Paul
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