Along with personal loans many of us think about as soon as we hear the terms “private money” or “hard cash” (fix and flip/rehab/construction), Pacific Private cash also does consumer purpose/owner occupied loans.
Consumer function and owner-occupied loans are loans where the debtor promises to occupy/live top cash advance West Virginia within the home which is why these are typically acquiring the loan, because their main residence or the loan is for a consumer function (bill consolidation, assisting a member of family, spending a income tax lien) and it is linked with any style of property. Continue reading “What exactly is a compliant private loan that is consumer/owner-occupied? exactly what are precisely underwritten and compliant personal consumer loans?”