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Meto Detroit s Best Home Loans – Detroit Mortgage Lenders and Lending Experts #usda #loan


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Scarface Mansion Sells for $22.7 Million Below Asking

Nov 17, 2015 by

After 17 months on and off the market, the Mediterranean -style mansion where Scarface left its bloody mark on cinematic history has sold for a whopping $ 22.7 million less than its original asking price. The buyer said, Say hello to my $ 12.3 million! And the seller said, Alrighty then.

The 1983 movie starring Al Pacino was filmed partially at the 1906 mansion in Santa Barbara, which originally was listed for $ 35 million. The most recent asking price was $ 17.9 million.

The Mediterranean estate surrounded by fountains and Persian gardens is memorable as the site of the Pacino character s most famous line, shouted over the blast of his machine gun: Say hello to my little friend!

The Roman-style mansion at 631 Para Grande Lane was designed by architect Bertram Goodhue. Its name, El Fureidis, means Tropical Paradise, according to the listing. The four-bedroom, nine-bath home sits on 10 acres. Its rooms are artistically detailed with painted and gold-leaf ceilings, tiled rooms, woodwork and carvings, and a unique pool with fountains.

The listing was held by Village Properties/ Christie s International Real Estate .


Micro Loans #secured #personal #loans


#micro loans
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Micro Loans

Search for Small Business Loan Sources and receive your matched lender list

Micro loans provide your business with small capital injections that can really make a huge difference to your company. Typically micro loans are $35,000 and under. They also work for both newly established and start-up companies. No matter what stage in the developing your business is in, you should consider this financing option.

These micro loans are most often provided by the SBA (Small Business Administration) as they provide the money to non-profit community lenders who are responsible for making the loan decisions locally. The SBA also guarantees other types of loans as well. They will guarantee up to 70% of some SBA loans as well. The government is a great resource to turn to for this kind of assistance.

There are restrictions to micro loans as they can only be 72 months or 6 years maximum. All micro loans will require some collateral and a personal guarantee of the business owner. This means you will have to make up the payments if your business cannot. This can put you in a rough spot, so be careful.

There is another requirement with this sort of loan and that is you normally will be required to take a training on businesses and also fulfill special business planning requirements. It is important that your business has a business plan in place as it will not only help you get financing, but it also helps you run your business more efficiently.

Find business capital for free using our search engine made up of over 4,000 lenders.

Search for Small Business Loan Sources and receive your matched lender list


Maximum Rate Allowed on Florida Used Car Loans. #car #loan #bad #credit


#car loan interest rate
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Maximum Rate Allowed on Florida Used Car Loans

Posted June 30, 2012 7:44am by attorney Dana Manner

The maximum amount of interest, or the highest interest rate (APR) allowed by law in Florida on used car loans is governed by Florida Statutes 520.08 – “Finance charge limitation .”

The statute provides for a sliding-scale of increasing interest rates allowed, depending on the age of the car at the time that it is sold or financed.

For example: Let’s consider a 5 year old used car, that is being financed by a 3-year loan with 36 monthly payments. According to Florida Statutes 520.08(d). a 5 year old car is a “Class 4″ used motor vehicle, and the maximum finance charge allowed is “$17 per $100 per year.” So, the average used car buyer might think the highest rate allowed under Florida law for a used car loan like this is 17% APR, but the wording of the statute is misleading, and the actual APR allowed is much higher.In fact, the maximum APR allowed in this example is whopping 29.07% APR. (This rate varies slightly depending on the term or length of the loan, but for the most older model used car loans the maximum rate is between approximately 27% and 30%).

  • If you think that you have been overcharged by a lender, or Buy Here Pay Here dealer on a used car loan, please contact my office to review your loan documents. The penalties for a lender exceeding the maximum finance charge allowed on a used car loan in Florida, can be substantial.

The reason for the difference between what would appear to be a limit of 17% interest rate on used car loans in Florida, and the 29.07% APR is that the statute uses the “add-on interest” method for calculating the finance charge IN DOLLARS, and not as a PERCENTAGE (i.e. Annual Percentage Rate or APR). The statutory “$17 per $100 per year” actually means that the lender can charge the borrower 17 DOLLARS, per each HUNDRED DOLLARS borrowed, per each YEAR OF THE LOAN’S LIFESPAN. In other words, the maximum finance charge is the DOLLAR AMOUNT OF INTEREST expressed as a PERCENTAGE of the AMOUNT FINANCED (or borrowed), and NOT expressed as an APR!

In our example the maximum amount of interest (i.e. the Finance Charge in dollars) would be: 0.17 x 3 = 0.51 or 51% of the Amount Financed. That means if you borrowed $10,000 for the car, you would pay $5,100 in interest over the life of the loan, and your total monthly payments would be $15,100. Your monthly payment would be $15,100 (total payments) divided by 36 (months) which equals $419.44 per month that you pay to the lender.

Now… in order to turn these figures into an APR, and to comply with the Truth in Lending Act (TILA) we have to do some more complicated math, which requires a spreadsheet or a financial calculator. If you’ve got one handy, the inputs are shown below.

Calculator inputs PV = 10,000 FV = o PMT = -419.44 (must be negative) N = 36 Solve for “I/Y” (and multiply by 12 if your calculator is set to 1 compounding period per year) to find the APR of 29.07% In Excel use the formula =RATE(36,10000,-419.44,0)*12


MCU: Rates – Loan Rates #mortgage #rates


#personal loan rates
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Please Select:

Login to Online Banking to securely apply online for a Credit Card, Auto Loan, Auto Refinance Loan or Personal Loan.

Loans

*Rates may be higher based on applicant’s credit worthiness. Rates and terms are subject to change without notice. Certain restrictions may apply.

MCU only finances vehicles purchased from a car dealer: We do not offer financing for private sales, individual sales or lease buyouts.

For model years 2015-2014, your payments will consist of 60 monthly payments of $17.29 on each $1,000 borrowed at 1.45% APR. For model year 2013, your payments will consist of 60 monthly payments of $17.42 on each $1,000 borrowed at 1.75%. APR. APR = Annual Percentage Rate. Best rate available when combined with TRUECar certificate (.50% APR discount) and Auto-Pay (.50% APR discount) when direct deposit or automatic payroll deduction is utilized as the method of loan repayment. Annual percentage rates for auto loans will increase by .50% after consummation if automatic payroll deduction or direct deposit is cancelled. Late payment fee: $25.00. Membership is required.

** Rates range from 1.95% APR to 14.95% APR depending upon collateral, credit qualifications, and loan repayment. Auto loan must be refinanced from another financial institution.

APR = Annual Percentage Rate.


MECU of Baltimore – Personal Loans #fha #loan #requirements


#low interest personal loans
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MECU Personal Loans

Need extra cash? You ll also want great rates and quick turnaround.

SHARE SAVINGS / CD COLLATERAL LOANS

A Share / CD Secured Loan from MECU is a good idea if you re looking to build your credit or you need to make a necessary purchase but don t want to tap into your savings. With a Share / CD Secured Loan you borrow against your MECU savings and receive an incredibly low-rate. while still earning interest on your share or CD savings account!

  • Borrow up to 100% of the balance in your Share / CD Savings Account
  • Receive an incredibly low interest rate (just 2% over the rate on your share / CD account)
  • Pay NO fee or penalties
  • Earn interest on your share or CD savings account
  • Build your credit
  • Protect your family, credit rating, collateral and yourself with Payment Protection

UNSECURED PERSONAL LOANS

MECU members in good standing are eligible for unsecured loans from $500 to $20,000 based on credit worthiness and ability to repay. Apply through our Lending Center, available 24 hours a day, 7 days a week. For optimum convenience, ask us about automatic payments or payroll deduction, available with certain employers.

PREFERRED CREDIT PLAN

Preferred Credit is a personal line of credit that can be used to write your own loans and act as overdraft protection for your checking account. It works similarly to a credit card in that you apply once, and a maximum credit limit is established. There is no need to reapply unless you want to request an increase in your credit limit.


Mayfield Settlement Loans Company, Same Day Loans – No Credit Check #perkins #loan


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Available 24 hours a day, 7 days a week

• Immediate Cash $500 $250,000

• Fast and Easy

• Same Day Processing

• No Monthly Payments

• No Credit Checks

Same day funding. Call or Apply Now! 888-800-8400

Are you currently involved in a lawsuit because of injuries you have suffered? If you need Settlement Loans money as you wait for the insurance company or other party to settle? Get money now before you settle!

Mayfield Settlement Loans provides Settlement Loans within 24 hours in most cases. Mayfield Settlement Loans understands your situation and advances your money quickly with no credit check! No payments to Mayfield unless you settle your case!

Thank you for considering our Settlement Loans.

At Mayfield Settlement Funding, we offer settlement loans to those who are waiting for a court case or the insurance company to settle, which often takes weeks or months. When you need to pay bills, medical expenses and other costs, the wait can seem interminable. At the same time, you may be unable to work due to your injuries and time spent in court, which makes your financial burden even more stressful. Settlement loans are an option that many who are involved in personal injury lawsuits consider for financial relief.

If you are facing expenses that you do not have the money to pay while waiting for your settlement, a settlement loan may be just the solution.

How do settlement loans work? The process is quite simple. This type of funding uses the estimation of your legal settlement as collateral; it is not necessary to provide physical collateral to guarantee repayment of the loan to the lender. Essentially, the lender is aware of the value of your settlement from the start, so your loan can be processed right away as there is no waiting to determine the value of your collateral as with traditional loans. The majority of lenders who offer settlement loans only collect repayment if you do win your case; should you not win and be awarded a settlement, you are not required to repay the loan.

Settlement loans are not only beneficial for covering the costs of day-to-day expenses and medical costs, they are also useful for those who receive their money in structured settlement payments. When you are facing financial hardship a settlement loan allows you to receive a lump sum advance rather than receiving your money in smaller incremental payments. Once you begin receiving your payments, you can then use that money toward repayment of the loan.

Settlement loans are beneficial for many reasons, but it is important that you shop around to find a reputable lender who offers reasonable interest rates; this way, you keep more of your own money. Many lenders prefer to work only with specific legal groups or attorneys; your lawyer may be able to recommend a funding company that he/she has worked with involving settlement loans successfully in the past. When you need money to cover medical bills, household utilities, legal fees and other expenses so that you can live comfortably while waiting for your settlement, count on Mayfield Settlement Funding.

Call us at (888) 800-8400 or visit our immediate service page to have one of our friendly Settlement Loans specialists assist you today.


MBDA Web Portal #easy #loans #for #bad #credit


#new business loans
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LOANS

Financing a business is never simple whether it s a start-up or a business that s been around for years. From initial seed money to working capital needed to keep operations going and to pay bills, access to capital remains a major barrier to many minority-owned firms.

Let MBDA help you better position your company.

  • Visit one of our Minority Business Centers for more in depth one-on-one financial counseling for growth and success of your business.
  • Get started by gathering together some basic loan documentation.

MBDA does not provide loans or grants to start or expand your business. The grants MBDA does provide are to organizations that operate MBDA s Minority Business Centers throughout the United States. These organizations provide business consulting, procurement matching and financial assistance to minority-owned firms.

Alternative Financing Information

More Information on Federal Loan Programs

  • SBA s Financial Assistance Guide describes SBA loan programs, including eligibility requirements and how to apply for them.
  • USDA s Business and Industry (B I) Guaranteed Loan Program is for businesses that are located in rural areas. For more details on USDA s Business Loan Programs please contact their State Rural Development Offices .
  • The Department of Transportation provides a Short-Term Lending Program to certified businesses that covers a variety of needs.

Manage Your Auto Loan #easy #car #loans


#online auto loans
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Manage Auto Loans

Please mail regular loan payments to:

BMO Harris Bank N.A.

P.O. Box 6201

Carol Stream, IL 60197-6201

Overnight payoff for auto loans:

BMO Harris Bank N.A.

1200 Warrenville Road, 2A

Please call 1-877-435-7330 for final payment amount.

When sending payments always include your payment coupon and write your account number on your check or money order to ensure timely and accurate processing. Do not send cash.

To request cancellation of your consumer loan automatic payment:

Fax a signed letter requesting cancellation of the automatic payment, including the loan number, payment amount and the date the automatic payment should stop to 1-262-938-8169.

Please Note: Automatic payment cancellation requests must be received 5 business days prior to the date the payment is scheduled to be made.

To modify or change your consumer loan automatic payment account information: Fax a signed letter requesting cancellation of automatic payment from the existing account along with a signed letter and voided check containing the new account and routing number information to 1-262-938-8169 .

Please Note: Automatic Loan Payment modifications must be received at least 5 business days prior to the desired modification date.

Make an Immediate Payment


Manufactured Housing Loans #i #need #a #loan #today


#housing loans
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This is your Entry into the world of manufactured home loan quotes!

Financing or refinancing your manufactured or modular home isn’t as difficult as you might think. You may be surprised to see the variety of loan options available. Whether you are purchasing a new or pre-owned home, refinancing, or looking to cash in on some of the equity you have built up there is a financing option that’s right for you

If you are purchasing your home separate from land, then you are eligible for a personal property loan. The home itself is used as collateral for the loan. This is popular when a manufactured home is placed in a land-lease community

If you are purchasing your home and land together as a single real estate transaction, then a real estate mortgage loan is right for you. In some cases, you may finance your manufactured home and land with one of our lender s who offers traditional mortgage loans secured by your manufactured home.

As America’s number one source of manufactured home loan quotes, The Manufactured Housing Global Network . has developed a wide variety of innovative mortgage quote solutions. All of, which are available to you through a nationwide association of approved national lenders and licensed independent mortgage professionals in your local area.

The M anufactured Housing Global Network makes it easy for you to locate these lenders via our ” Loan Quote ” form. When you visit us on the web you get all the information you need to find manufactured housing loan information to your local interest rates to a number of loan calculators. You’ll find everything you need right here on our Web site s !

The M anufactured Housing Global Network doesn’t lend money directly to borrowers, but we work with brokers and lenders across the country so they can offer the kind of m anufactured housing loans that will meet your needs. We also work to make sure you have the resources you need when researching for a manufactured home loan. We’ve developed tools to make it easier to find the right loan product.

Some of the useful tools on our Web site include:

  • A wide selection of articles to help educate you about manufactrured home loans.

  • A loan quote form to help you find a mortgage lender.

  • Speed Loans #quick #money #loans


    #www.loans
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    Personal Loan Repayment Contract

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    Personal Loan Repayment Contract

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