Lender Offers – Win Win Lose http://winwinlose.net/ Fri, 14 Jan 2022 17:09:41 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://winwinlose.net/wp-content/uploads/2021/06/icon-9.png Lender Offers – Win Win Lose http://winwinlose.net/ 32 32 Margin Loans and Former SPACs: Rules 144 and 145 Make Important Additional Requirements for the Resale of Securities | Morrison & Forster LLP https://winwinlose.net/margin-loans-and-former-spacs-rules-144-and-145-make-important-additional-requirements-for-the-resale-of-securities-morrison-forster-llp/ Fri, 14 Jan 2022 17:09:41 +0000 https://winwinlose.net/margin-loans-and-former-spacs-rules-144-and-145-make-important-additional-requirements-for-the-resale-of-securities-morrison-forster-llp/ introduction This article focuses on complications arising from the Securities Act 1933, as amended (“Securities Act”), in relation to de-SPACed public companies, which may prevent foreclosure lenders from selling interests pledged under margin loans secured by interests in former SPACs. Pursuant to the Securities Act, all offerings and sales of securities must be filed with […]]]>

introduction

This article focuses on complications arising from the Securities Act 1933, as amended (“Securities Act”), in relation to de-SPACed public companies, which may prevent foreclosure lenders from selling interests pledged under margin loans secured by interests in former SPACs.

Pursuant to the Securities Act, all offerings and sales of securities must be filed with the Securities and Exchange Commission (“SEC’) unless an exception applies. This requirement applies to all secondary sales of securities by investors as well as the initial offering by the issuer.

Rule 144 of the Securities Act provides a pre-registration safe haven for the resale of securities acquired directly from an issuer except in a public offering (“Restricted Securities”) and resale of securities held by affiliates of an issuer (“control securities“). A person who satisfies all of the applicable Rule 144 conditions in connection with a sale transaction is not an “underwriter” for the purposes of Section 2(a)(11) of the Securities Act and is therefore entitled to an exemption from registration under Section 4 (a)(1) of the Securities Act.

In addition, Rule 145 of the Securities Act imposes additional restrictions on the resale of securities issued by former SPACs, which may result in the seller being considered a presumptive subscriber, potentially requiring registration of the securities under the Securities Act, to liquidate a significant amount position in the securities.

In connection with margin lending, a foreclosure lender wishing to sell (or cause to be sold) pledged restricted or controlled securities must do so by means of a registration statement or by complying with the conditions under Rule 144 and Rule 145. Public resale of securities of former shell companies, including SPACs, issued under Rule 144 are also subject to additional requirements not applicable to the majority of other public companies, which can make the resale of those securities by a foreclosure lender significantly more difficult.

Rule 144 requirements

Rule 144 is the rule normally relied on for the public resale of restricted and controlled securities.

There are five basic requirements under Rule 144, although not all requirements apply to every sale. Affiliates of the Issuer must meet all five requirements. However, sellers who are not affiliates at the time of sale and were not affiliates in the three months prior to the sale only need to comply with (1) the holding period and (2) current public information requirement in certain circumstances. A summary of these requirements is provided below; however, certain important exceptions apply to former SPACs, which are discussed in more detail following the summary.

  1. Current public information – Specified current information about the issuer must be publicly available (Rule 144(c)).
  1. holding period – A six-month hold period is required for restricted securities of an issuer that has been a reporting entity for at least 90 days and has current disclosure requirements. Otherwise, a one-year hold period is required (Rule 144(d)).
  1. volume limit – The amount of securities that can be sold in any three month period for listed companies is limited to (i) one percent of the outstanding shares or other units of that class or (ii) the average weekly trading volume during the period, as the case may be , whichever is greater the four calendar weeks prior to filing of a Form 144 or, if no such notice is required, the date of receipt of the order to complete the transaction. The amount of securities that can be sold in any three month period for companies with over-the-counter or OTC securities is limited to one percent of the outstanding shares or other units of that class (Rule 144(e)).
  1. type of sale – Equity securities (but not debt securities) must be sold in unsolicited “brokerage transactions”, directly to “market makers” or in “risk-free principal transactions” (Rule 144(f) and (g)).
  1. sale advert – The seller must file a Form 144 with the SEC at the time the sell order is placed with the broker if the seller is an affiliate and intends to sell more than 5,000 shares or securities valued in excess of during a three-month period $50,000 (Rule 144(h)).

Availability of rule 144 related to former SPACs

Rule 144 is not even available to a former SPAC until one year after the de-SPAC is closed and the company files its “Super 8-K” or “Super 20-F” (Rule 144(i)).

Additional Rule 144 requirements for former SPACs

Rule 144 provides additional conditions for “former shell companies” (as defined in Rule 405 of the Securities Act, including any former SPACs) to meet the requirements of Rule 144.

To qualify for the Rule 144 exemption, former SPACs would need to meet the additional requirements prescribed for former letterbox companies under Rule 144. Namely the company:

  • is no longer a shell company within the meaning of Rule 144(i)(1);
  • makes mandatory reports with the SEC;
  • has filed current “Form 10 information” (usually via a “Super 8-K” or “Super 20-F”) with the SEC reflecting the issuer’s status as a non-shell company and has done so for at least one year has passed since such Form 10 information was submitted; and
  • has filed all required SEC reports and other materials within the prior 12 months (or any shorter period in which the issuer is required to file such reports and materials, excluding Form 8-K reports) (“Evergreen Rule“).

The Evergreen Rule is of particular relevance to former SPACs and interested parties holding restricted or controlled securities in former SPACs. Rule 144 is only available as long as the issuer complies with the Evergreen Rule. Therefore, even after the one-year hold period, if a company has an issue with its SEC reporting, Rule 144 will not be available until the issuer’s SEC reporting issue is resolved. To be clear, this potential impediment to the application of Rule 144 would not apply to entities that are not former SPACs or otherwise former shell companies.

Rule 144 and Pledge of Related Securities in Margin Loans

In the context of a margin loan, the rule 144 hold period is critical for lenders seeking an exemption from public registration. A lender must meet the appropriate hold period prior to sale. For restricted securities, the required holding period is normally six months but may extend to 12 months in some cases.

In order to comply with the hold period required by Rule 144, a lender could arrange foreclosure in respect of the shares in a manner that avoids associated company status and the securities sold (or caused to be sold) publicly under Rule 144 by expiring the hold period “Attached” is the attached pledger. Rule 144(d)(3)(iv) permits a pledgee who may invoke rule 144 for the resale of the restricted pledged securities to the holding period of a linked pledgor following a default by the pledgor under the pledge. This attachment provision is subject to several requirements, including that the pledging of the restricted securities by the pledgor be subject to a bona fide pledge by the associated pledgor with recourse to the borrower.

When de-SPAC securities are affected, Rule 144 is not available to facilitate public sales if the de-SPAC occurred less than one year prior to the Enforcement Event. In this case securities could only be sold in private transactions or under a declaration of registration.

Additionally, the evergreen rule has a number of practical implications for lenders attempting to liquidate securities pledged as part of a margin loan. In particular, issuer transfer agents and attorneys will not honor “blanket” legend removal requests, which means that restricted legends must be removed on a transaction-by-transaction basis, which can result in significant administrative delays. In addition, the evergreen rule can create uncertainty about the ability to resell securities without a registration statement, which can last years after the initial one-year hold period expires.

Rule 145

Rule 145 provides that exchanges of securities in connection with reclassifications of securities, mergers or consolidations, or transfers of assets that are subject to a shareholder vote constitute sales of securities.

Under Rule 145, where a party to any such transaction is a shell company, under Rule 145(c) any party to that transaction (other than the issuer or a person who is an affiliate of the issuer, when the transaction is submitted) shall vote or consent ) publicly offering or selling securities of the issuer acquired in connection with the transaction in order to participate in a distribution and therefore be an “underwriter” who must comply with the selling restrictions on those securities set out in Rule 145.

Therefore, Rule 145 creates “presumptive underwriter status” for certain affiliates of the parties to a De-SPAC transaction. Therefore, Rule 145 securities may only be sold pursuant to a registration statement or in accordance with Rule 145(d) conditions (which are consistent with the Rule 144 resale restrictions for securities of ex-shell companies).

[View source.]

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Buy a home in 2022 https://winwinlose.net/buy-a-home-in-2022/ Wed, 12 Jan 2022 20:53:37 +0000 https://winwinlose.net/buy-a-home-in-2022/ While many people are making traditional New Year’s resolutions like exercising, losing weight, reading, etc. If buying a home is high on your solution list, here are some tips to get you started on the right track. Consult a local expert A good place to start is to get in touch with a professional REALTOR® […]]]>

While many people are making traditional New Year’s resolutions like exercising, losing weight, reading, etc.

If buying a home is high on your solution list, here are some tips to get you started on the right track.

Consult a local expert

A good place to start is to get in touch with a professional REALTOR® to hold a preliminary talk, ask questions and set expectations.

When looking for a REALTOR® interview at least three agents before choosing who you will work with. Seek recommendations from friends, family, and neighbors – word of mouth is often the best, most reliable way to find an agent.

REALTOR® Sean Gardner of Coldwell Banker’s Thornton Realty Team Hubbell BriarWood says meeting a broker early is extremely beneficial, especially given today’s fast-paced competitive climate.

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Oportun Personal Loans Review 2022 – Forbes Advisor https://winwinlose.net/oportun-personal-loans-review-2022-forbes-advisor/ Mon, 10 Jan 2022 23:20:37 +0000 https://winwinlose.net/oportun-personal-loans-review-2022-forbes-advisor/ Personal loan applications are approved or denied based on a number of factors. All lenders have their own specific underwriting requirements, but these usually include information from an applicant’s credit profile and other factors demonstrating the ability to repay the loan, such as: B. Income. Meeting the following requirements doesn’t guarantee approval, but they can […]]]>

Personal loan applications are approved or denied based on a number of factors. All lenders have their own specific underwriting requirements, but these usually include information from an applicant’s credit profile and other factors demonstrating the ability to repay the loan, such as: B. Income. Meeting the following requirements doesn’t guarantee approval, but they can help you decide whether a personal loan is right for you.

Creditworthiness requirements

Oportun does not disclose the minimum creditworthiness you need to be approved for a loan. However, it is aimed at people with poor credit ratings. According to the company, you may still be able to get a loan even if you have filed for bankruptcy in the past.

Income requirements

When you apply for a loan, Oportun verifies your income by reviewing either past bank statements or current pay slips. You must be making at least $ 500 per month to be eligible for an oportun loan.

Co-signer and co-debtor

If you are struggling to get approved for a loan because of your loan, one option is to mortgage your car as collateral for the loan (i.e., get a secured loan). However, if this isn’t an option for you, you may be able to use a co-signer instead. Just remember that if you don’t, your co-signer is on the hook to repay the loan.

Oportun does not allow co-borrowers.

Related: Co-debtor vs. co-signer

Secured Loan Requirements

When you need a secured loan and want to increase your loan amount, Oportun can mortgage your car as collateral that can repossess it if you fail to repay your debt. Your car must meet its own criteria.

You must be the sole owner of the vehicle (with no one else, e.g. a spouse) and it must be paid off in full with no further loans or liens. In addition, your car must be at least 25 years old. Ineligible vehicle types include:

  • Transporter
  • Leasing vehicles
  • Electric cars
  • Cars registered in a state other than where you live
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Mortgage and Refinance Rates Today: January 8, 2022 https://winwinlose.net/mortgage-and-refinance-rates-today-january-8-2022/ Sat, 08 Jan 2022 11:00:24 +0000 https://winwinlose.net/mortgage-and-refinance-rates-today-january-8-2022/ Mortgage rates have gone up a bit in the last few months, but they are still at an all-time low. Mortgage rates tend to be low when the economy is in trouble and the coronavirus pandemic has hurt the US economy. the Federal Reserve has aggressively bought assets, including mortgage-backed securities, to help the economy. […]]]>

Mortgage rates have gone up a bit in the last few months, but they are still at an all-time low. Mortgage rates tend to be low when the economy is in trouble and the coronavirus pandemic has hurt the US economy. the


Federal Reserve

has aggressively bought assets, including mortgage-backed securities, to help the economy.

But the Fed recently announced that it will cut purchases twice as fast as originally planned. It also plans to hike the federal funds rate three times in 2022. As a result, mortgage rates are expected to continue increasing gradually in 2022.

Today’s mortgage and refinancing rates

Mortgage rates today

Today’s refinancing rates

Mortgage calculator

Use our free mortgage calculator to see how today’s interest rates affect your monthly payments:

Mortgage calculator

$1,161
Your estimated monthly payment

  • Pay 25% higher deposit would save you $ 8,916.08 on interest costs
  • Lower the interest rate by 1% would save you $ 51,562.03
  • Pay the surcharge $ 500 the repayment term would increase every month 146 months

If you click “More Details” you will also see how much you will be paying over the life of your mortgage, including the amount that will be used for principal vs. interest.

How do mortgage rates work?

A mortgage rate is the fee a lender charges on borrowing, expressed as a percentage. For example, you might get a $ 300,000 mortgage at 2.5% interest.

Mortgage rates can be either fixed or variable. With a fixed-rate mortgage, your interest rate stays the same over the life of your loan. A variable rate mortgage will lock your interest rate for the first few years or so and then change it regularly. With a 7/1 ARM, your rate would stay constant for the first seven years and then shift annually.

The longer your mortgage term, the higher your interest rate. For example, you pay more for a 30 year mortgage than you would pay for a 15 year mortgage. However, longer terms come with lower monthly payments because you split the repayment process.

How do I get the best mortgage rate?

Here are some steps you can take to get the lowest mortgage rate:

  • Look at fixed vs. adjustable rates. You may be able to get a lower introductory rate with a variable rate mortgage, which can be good if you want to move before the introductory period ends. But a fixed price might be better if you buy a home forever because you don’t risk your price going up later. Take a look at your lender’s rates and weigh your options.
  • Look at your finances. The better your financial situation, the lower your mortgage rate should be. Look for ways to improve your credit score or lower your debt-to-income ratio, if necessary. Saving for a higher down payment also helps.
  • Choose the right lender. Each lender charges different mortgage rates. Choosing the right one for your financial situation will help you get a great price.

How do I choose a mortgage lender?

First, consider what type of mortgage you would like. The best mortgage lender is different to an FHA mortgage than to a VA mortgage.

A lender should be relatively affordable. You shouldn’t need a very high credit score or down payment to get a loan. You also want it to offer good pricing and reasonable fees.

Once you’re ready to buy a home, apply for pre-approval with your three or four main options. A pre-approval letter states that the lender wants to loan you up to a certain amount at a certain interest rate. If you get pre-approved, your mortgage rate will be on hold for 60 to 90 days. With a few pre-approval letters in hand, you can compare any lender’s offers.

When you apply for pre-approval, a lender runs a tough loan request. A series of tough inquiries about your report can damage your credit score – unless the aim is to buy the best price.

If you limit your purchase to a month, credit bureaus will understand that you are looking for a home and shouldn’t pull every single request against you.


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Beazer Homes USA: Holds Grand Opening for Primrose in Las Vegas https://winwinlose.net/beazer-homes-usa-holds-grand-opening-for-primrose-in-las-vegas/ Fri, 07 Jan 2022 16:58:11 +0000 https://winwinlose.net/beazer-homes-usa-holds-grand-opening-for-primrose-in-las-vegas/ LAS VEGAS – JANUARY 7TH 2022 – Beazer Homes, one of the largest home builders in the country, is excited to host the opening of the newest community in Las Vegas on January 15th from 9am to 5pm. Located in Clark County, Primrose offers a private enclave of 22 single story homes with large home […]]]>

LAS VEGAS – JANUARY 7TH 2022 – Beazer Homes, one of the largest home builders in the country, is excited to host the opening of the newest community in Las Vegas on January 15th from 9am to 5pm. Located in Clark County, Primrose offers a private enclave of 22 single story homes with large home sites and low HOA fees. Conveniently located on N. Commerce St. and West Washburn Rd., The community is close to shopping, dining, and recreation.

Home buyers can choose from four single story floor plans ranging from 1,536 to 2,198 sq. choose ft. Starting at the hefty $ 390, each floor plan is cleverly designed with spacious spaces strategically separating the bedrooms for more privacy for everyone, along with the home buyer’s favorite features such as open kitchens with island kitchens. Additionally, buyers get the flexibility of Beazer’s Choice Plans ™, which offer the ability to choose room-specific floor plans to create their ideal living space at no additional cost.

“Primrose is ideally located in the booming northwestern part of the Las Vegas Valley,” said Kyle Tibbitts, Division President of Las Vegas. “The large condominiums and lavish floor plans will create a unique proposition for families in the area looking for a new home, both indoors and outdoors. We are excited to introduce Primrose in the Las Vegas Valley.”

Beazer designs every home to offer more quality, more comfort, and more savings once homeowners move in. high performing, energy efficient homes that save homeowners money every month.

Additionally, Beazer offers Mortgage Choice with a variety of choice lenders and a simple tool to easily compare multiple loan offers. Lenders compete for business, each with great customer service, various home loan programs, and competitive rates. Customers save thousands and enjoy great service when lenders compete and compare customers and choose the right mortgage for their needs.

For more information on Beazer Homes or Primrose, see https://www.beazer.com/las-vegas-nv/primrose.

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About Beazer Homes
Beazer Homes (NYSE: BZH), headquartered in Atlanta, is one of the largest home builders in the country. Every Beazer house is designed and built to offer surprising performance that will bring you more quality and comfort from the moment you move in – and save you money every month. With Beazer’s Choice Plans ™, you can personalize your main living areas – at no additional cost, you can choose how you want to live at home. And unlike most national home builders, we allow our clients to buy and compare loan options. Our Mortgage Choice program gives you the resources to easily compare multiple loan offers and select the best lender and loan offer for you, saving you thousands over the life of your loan.

We build our homes in Arizona, California, Delaware, Florida, Georgia, Indiana, Maryland, Nevada, North Carolina, South Carolina, Tennessee, Texas, and Virginia. For more information, visit beazer.com, or check out Beazer Facebook, Instagram and Twitter.



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Dan Manginelli & Bob Boehnlein are elected to lead Amerifirst https://winwinlose.net/dan-manginelli-bob-boehnlein-are-elected-to-lead-amerifirst/ Wed, 05 Jan 2022 15:04:39 +0000 https://winwinlose.net/dan-manginelli-bob-boehnlein-are-elected-to-lead-amerifirst/ Rancho Cucamonga, CA, Jan. 5, 2022 (GLOBE NEWSWIRE) – Amerifirst Financial Corporation, parent company of Ameritrust Home Mortgage, announces the hiring of two mortgage industry veterans to mark significant expansion in California, Arizona, Nevada and Oregon conduct. Together, Dan Manginelli and Bob Boehnlein have 66 years of experience in the mortgage industry and will serve […]]]>

Rancho Cucamonga, CA, Jan. 5, 2022 (GLOBE NEWSWIRE) – Amerifirst Financial Corporation, parent company of Ameritrust Home Mortgage, announces the hiring of two mortgage industry veterans to mark significant expansion in California, Arizona, Nevada and Oregon conduct. Together, Dan Manginelli and Bob Boehnlein have 66 years of experience in the mortgage industry and will serve as co-directors of the Ameritrust division. In the coming months, Ameritrust will open nine new offices in the western US: five in California, Ontario, Gardena, El Centro, Escondido and Newport Beach; two in Arizona in Scottsdale and Avondale; one in Reno, Nevada, and one in Carleton, Oregon.

“Dan Manginelli and Bob Boehnlein are the perfect team to lead Ameritrust Home Mortgage as we begin our planned expansion in the western United States, beginning in Southern California and moving to locations in Arizona, Nevada and Oregon,” said Ron Bergum. President of the company’s western region. “I have every confidence in your ability to build a team of top loan officers and employees who are committed to our principles of expanding home opportunities, improving local communities and influencing the lives of others.”

Manginelli entered the financial industry in 1986 and quickly grew to become a premier Marina Mortgage company and producer in Irvine, CA. There he ran his branches to a high level of production and routinely produced record numbers. As a past vice president of American Home Mortgage, he directed the No. 1 District in the United States. Dan also served as co-president and owner of South Pacific Financial, based in Irvine, Calif., And has been a driving force behind the company’s success in several states. Most recently, he was senior vice president of the retail mortgage platform for Inspire, a top 10 national home builder in California. He is also one of the most sought-after speakers in the industry on motivation and success and the author of bestsellers, PROTECT IT! Big dreams and bold decisions on the way to success and Wake up! Start the life you’ve always thought of.

“We’re not wasting time laying the groundwork for this exciting expansion,” said Manginelli. “Bob and I are actively recruiting professionals who share our vision of becoming a major lender in our western region by delivering a premium customer experience, understanding the local market and providing access to credit products for all types of buyers and needs.”

A 30 year veteran of the mortgage industry, Boehnlein brings considerable sales and operations experience to the Ameritrust leadership team. He began his career in the real estate industry in 1985 and moved to the mortgage industry in 1991, where he quickly established himself as a prolific loan officer. He then moved to the management level, where he distinguished himself by coaching and developing loan officers to industry leaders and building highly productive branches. As a former regional vice president for Prospect Mortgage, LLC, he oversaw the Southern California, Hawaii, Nevada, and Arizona markets. After his promotion to division president in 2013, he led significant changes in the company’s operations and manufacturing integration to streamline operations and improve customer service. Most recently, he was Executive Vice President of ClosingMark Home Loans in Irvine, CA. He was also the district manager of American Home Mortgage for nearly a decade.

“I started working with Dan in 1991 and as we’ve progressed and distinguished ourselves in our careers, we’ve developed a strong partnership with similar and competing strengths,” said Boehnlein. “We are both excited to accept this challenge and contribute to the growth of this dynamic company. We are confident that our skills, along with the outstanding talent at Ameritrust, will be a winning combination that will attract strong loan officers, and that our leadership and tools will help them achieve their short and long-term goals. “

Read the press release here.

About American First Financial Corporation

Amerifirst Financial Corporation provides financial services through its Ameritrust Home Mortgage, Amerifirst Home Mortgage, and Ameriuno businesses. As an advocate of affordable home ownership and a mission to sustainably improve the lives of others, the company has consistently been a leading lender of FHA and USDA rural development loans. It employs over 900 team members, has offices in a dozen states, and is recognized by Inc. 5000 for its significant growth over seven of the past decade. Committed to operating by strong core values, it has been ranked the Nation’s Best and Brightest Company for the past six years and named Best Mortgage Company in 2021. It is headquartered in Kalamazoo, Michigan.

  • Bob Böhnlein

  • Dan Manginelli

        


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CIM Group provides $ 148 million in loans for a 460,000 square foot office campus in Tysons Corner, Virginia https://winwinlose.net/cim-group-provides-148-million-in-loans-for-a-460000-square-foot-office-campus-in-tysons-corner-virginia/ Mon, 03 Jan 2022 15:52:00 +0000 https://winwinlose.net/cim-group-provides-148-million-in-loans-for-a-460000-square-foot-office-campus-in-tysons-corner-virginia/ TYSONS CORNER, Virginia – (BUSINESS WIRE) – CIM Group, a community owner, operator, lender, and developer of real estate and infrastructure, announced today that a CIM-managed fund has granted a $ 148 million loan to a joint venture between Westbrook Partners and American Real Estate Partners has completed the refinancing at Highline in Greensboro, a […]]]>

TYSONS CORNER, Virginia – (BUSINESS WIRE) – CIM Group, a community owner, operator, lender, and developer of real estate and infrastructure, announced today that a CIM-managed fund has granted a $ 148 million loan to a joint venture between Westbrook Partners and American Real Estate Partners has completed the refinancing at Highline in Greensboro, a grade A office campus in Tysons Corner, Virginia.

Highline at Greensboro is located at 8401 & 8405 Greensboro Dr. in McLean, Virginia, and consists of two 10-story buildings with approximately 461,000 square feet of office space, retail and recreational space on the ground floor, and an underground parking lot with 1,333 spaces. The property recently underwent a major renovation that included enhancements to the facade, lobbies and public areas, as well as the addition of amenities for tenants such as a state-of-the-art fitness center, tenant lounge, outdoor space and conference center for 60 people.

Highline at Greensboro offers easy access to the Silver Line Spring Hill Station and major arteries such as Dulles Toll Road, I-495 and Route 66, and benefits from proximity to downtown Rosslyn, Washington DC and Dulles International Airport. The property is adjacent to The Boro, the 3.5 million square foot mixed-use residential area in downtown Tysons.

CIM Group is an active lender that recently completed a $ 90.25 million loan for a 247-unit community in Arlington, Virginia through its CIM Real Estate Debt Solutions business. The CIM Group strives to provide senior and subordinated transitional loans for commercial real estate projects with strong sponsors.

The CIM Group uses its extensive experience as the owner, operator and developer of all types of commercial real estate in its loan strategy and believes that this will help set the company apart from many other lenders. Through mortgage and mezzanine loans, CIM affiliates provide bridge and home finance to commercial property owners and developers in major markets in the United States and work with borrowers to provide a range of credit solutions.

To learn more about CIM Group’s credit strategies, visit www.cimgroup.com/crecs.

About the CIM group

CIM is a community based real estate and infrastructure owner, operator, lender and developer. Since 1994, CIM has sought value on projects and positively impacted the lives of people in communities across America by donating more than $ 60 billion in major real estate and infrastructure projects. The diverse team of experts at CIM applies its broad knowledge and disciplined approach to the practical management of property, from due diligence to operation and sale. CIM strives to make a meaningful difference in the world by implementing key environmental, social and governance (ESG) initiatives and improving every community it invests in. For more information, visit www.cimgroup.com.

About Westbrook Partners

Founded in 1994, Westbrook Partners is a fully integrated global real estate investment company. Westbrook experts have invested more than $ 14 billion in equity in over $ 50 billion in real estate. Westbrook Partners is currently investing its eleventh real estate fund with more than $ 2.5 billion in capital commitments, over which Westbrook Partners retains full discretion. Westbrook Partners’ investments have included office, industrial, multi-family, retail and residential properties.

About American Real Estate Partners

American Real Estate Partners (AREP), headquartered in the Greater Washington Area, is an institutional fund manager and operational partner focused on office and mixed-use repositioning and residential and data center development across the Greater Mid-Atlantic region.

Since the company was founded in 2003, AREP has provided over $ 4.5 billion to various target regions. AREP’s vertically integrated real estate platform offers world-class expertise in all property disciplines, from development, asset management and building operations to investment strategy, market research and acquisitions. By leveraging this expertise, AREP stays at the forefront of property innovation and maximizes building performance to create real value.


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Farm and Food: “You can only postpone reality for so long” | Agriculture https://winwinlose.net/farm-and-food-you-can-only-postpone-reality-for-so-long-agriculture/ Sat, 01 Jan 2022 19:13:00 +0000 https://winwinlose.net/farm-and-food-you-can-only-postpone-reality-for-so-long-agriculture/ Worse, today’s collective inaction means that most of the damaging change for years to come is already burned in. In fact, any chance of minimizing the effects of climate change depends on keeping today’s rising temperatures at or below 1.5 ° C, according to delegates at the Glasgow climate summit last November, degrees Celsius increase […]]]>

Worse, today’s collective inaction means that most of the damaging change for years to come is already burned in. In fact, any chance of minimizing the effects of climate change depends on keeping today’s rising temperatures at or below 1.5 ° C, according to delegates at the Glasgow climate summit last November, degrees Celsius increase by 2030.

To achieve this, the Glasgow scientists emphasized, radical and massive international efforts are required from now on.

American agriculture needs a similar plan to address the production challenges it faces in the long run and, more importantly, to limit the rising production risks it is now facing.

For example, you are a lender and a farmer or rancher comes to you for a standard 20 year mortgage on a $ 2 million real estate loan. Are you taking climate change into account in the cost and schedule of loan repayment? If not, why not as it will surely affect your repayment.

Equally important, if you want to include climate change in the repayment how would you do it? How do you rate the growing threat of widespread droughts, historic floods, warmer winters, hotter summers and, who knows, what else?

And remember, your shareholders and your customers are very invested in your response.

If you don’t have an answer, you too could be an Ag banker today, as most Ag lenders don’t have a work plan on how to mitigate climate change risk in massive short- and long-term lending – or more precisely, reveal the lifeblood of agriculture.


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Are you planning a home renovation loan? Start with these 5 steps https://winwinlose.net/are-you-planning-a-home-renovation-loan-start-with-these-5-steps/ Fri, 31 Dec 2021 05:32:06 +0000 https://winwinlose.net/are-you-planning-a-home-renovation-loan-start-with-these-5-steps/ When planning to apply for a construction loan, here are some important factors to consider for a pocket-friendly experience. 1. Set your home improvement goal Remember, raising funds is part of the journey when considering a loan. You will also have to pay back the loan and there will be borrowing costs. So find out […]]]>

When planning to apply for a construction loan, here are some important factors to consider for a pocket-friendly experience.

1. Set your home improvement goal

Remember, raising funds is part of the journey when considering a loan. You will also have to pay back the loan and there will be borrowing costs. So find out about the essential requirements at home and apply accordingly. While top lenders offer up to Rs. 25 lakh renovation loan amount, only borrow what you think is usable and necessary.

There is no limit to the end use of a Home improvement personal loanso that you can use it to accomplish these goals and more:

– Paint your house for a better look and feel

– Add a new concrete structure like a garage or patio

– Turn a balcony or attic into a remote work space, office or nursery

– Renew your kitchen and bathroom with better fixtures, plumbing or repairs

– Design green areas or create a garden on the terrace or balcony

– Replace tiles, doors or windows

– Add home security system and upgrade to smart devices and settings

With a home renovation personal loan, you can give your home a whole new look while increasing its functionality. It also increases the value of your home as an asset.

2. Explore the market and look for a pre-approved offer

Compare different lenders and their offers to help you make an informed credit decision. Find out about the rates and features that can add value to your experience. This can be the collection of documents on site or 100% online minutes for the application and other formalities. You can also use a pre-approved offer to make it easier and faster to apply. Such offers are based on your previous credit experience with a lender and, in addition to a competitive interest rate, give you an advantage when it comes to quick access to funds and minimal paperwork. With offers like this, you can save more and make your home renovation plans hassle-free.

3. Find a lender using simple selection criteria

Today lending has gotten a lot easier, the same is true for home renovation personal loans. However, different lenders have different terms and conditions, and failure to meet these eligibility parameters has negative consequences. To prevent your loan application from being rejected, find a lender from whom you must qualify for the loan on simple terms. You can get a home renovation loan quickly with the best lenders if:

– Your age is between 20 and 67 years

– You work full-time in a public company, private organization or MNC

– You are a permanent resident citizen of India

– Your CIBIL score is 750 or more

– You meet the city-specific minimum income requirements

4. Check the cost of the loan and choose the best terms

Budgeting your loan is essential to making the right loan decision. When applying for a loan, look beyond the interest rate. These additional costs include the following.

– processing fees

– EMI bounce fees

– billing fees

– Secure online application fees

– Partial prepayment fees

– foreclosure costs

– Penalty interest for missed EMIs

Make sure that the lender you choose is transparent about these fees and also offers a competitive interest rate. This is a great way to ensure that you budget for all of these costs and that you don’t get caught off guard later.

5. Schedule your repayment before proceeding

Instead of taking photos in the dark, calculate your EMIs and schedule repayment even before you even submit an application. This is a great way to ensure that your EMI obligation doesn’t weigh on your finances. With the best personal loans, you can enjoy a long tenure of up to 60 months. This will reduce your monthly payments. However, you can reduce your outgoing interest by choosing a shorter term. Use an EMI calculator online and calculate different EMIs for different loan amounts and terms. That way, you can choose the option that suits you best.

With this action plan, you can make your home improvement dream come true! For a stress-free experience, consider the Bajaj Finserv Home Renovation Loan. It offers a comprehensive sanction with no hidden fees and a long term of 5 years. You can easily qualify for this loan by submitting just a few documents. The Flexi Loan Facility can cut your initial EMIs by up to 45%. So immediately check your pre-approved offer and apply for an upgrade for your home online!

Disclaimer: This content is distributed by Bajaj Finserv. No HT journalist is involved in the creation of this content.

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Personal loan rates are rising, but the 5-year rates are still lower than they were at this time last year https://winwinlose.net/personal-loan-rates-are-rising-but-the-5-year-rates-are-still-lower-than-they-were-at-this-time-last-year/ Mon, 27 Dec 2021 14:58:43 +0000 https://winwinlose.net/personal-loan-rates-are-rising-but-the-5-year-rates-are-still-lower-than-they-were-at-this-time-last-year/ Our goal here at Credible Operations, Inc., NMLS Number 1681276, hereinafter referred to as “credible”, is to give you the tools and confidence you need to improve your finances. Although we promote products from our partner lenders who reward us for our services, all opinions are our own. The latest trends in personal loan interest […]]]>

Our goal here at Credible Operations, Inc., NMLS Number 1681276, hereinafter referred to as “credible”, is to give you the tools and confidence you need to improve your finances. Although we promote products from our partner lenders who reward us for our services, all opinions are our own.

The latest trends in personal loan interest rates from the Credible marketplace, updated weekly. (iStock)

Borrowers with good credit personal loans Prequalified during the last seven days for interest rates that were higher for 3-year Fixed Rate Loans and 5-Year Fixed Rate Loans compared to the previous seven days.

For borrowers with a credit score of 720 or greater who selected a lender through the Credible Marketplace between December 20-26:

  • The interest rates on 3-year fixed-rate loans averaged 11.77%, down from 11.30% in the seven days before and 11.29% a year ago.
  • The interest rates on 5-year fixed-rate loans averaged 14.78%, down from 14.38% in the last seven days and less than 15.14% a year ago.

Personal loans have become a popular way to Consolidate and pay off credit card debt and other loans. They can also be used to cover unexpected expenses, such as: Medical billsto take care of a major purchase, or Finance home improvement projects.

Personal loan interest rates can fluctuate from day to day, and movements of 1% are not uncommon. However, the increases over the past seven days have been gradual and borrowers can still get a good deal on a personal loan. Today’s personal loan interest rates can be especially attractive to borrowers looking to consolidate credit card debt. The average credit card interest rate is around 17% (according to Federal Reserve data), and those with average or below average credit scores can have much higher interest rates.

Whether a personal loan is right for you often depends on several factors, including what interest rate you may qualify for. Comparing multiple lenders and their interest rates can help ensure you get the best possible personal loan for your needs.

It’s always a good idea Compare shop on sites like Credible to understand how much you qualify for and choose the best option for you.

Here are the latest trends in personal loan interest rates from the Credible marketplace, updated weekly.

Weekly personal loan interest rate trends

The graph above shows the average prequalified interest rates for borrowers with a credit score of 720 or higher who used the Credible marketplace to select a lender.

For the month of November 2021:

  • The 3-year personal loan interest rates averaged 11.32%, down from 11.33% in October.
  • The interest rates on 5-year personal loans averaged 14.25%, down from 13.85% in October.

The interest rates on personal loans vary significantly depending on creditworthiness and loan duration. If you want to know what installments you can qualify for for personal loans, You can use an online tool like Credible to compare options from different private lenders. Checking your rates doesn’t affect your creditworthiness.

In November, the average prequalified rate selected by borrowers was:

  • 8.92% for borrowers with a credit score of 780 or higher who opt for a 3 year loan
  • 29.04% for borrowers with a credit score below 600 who opt for a 5 year loan

All of the lenders on the Credible marketplace offer fixed rate loans at competitive rates. Because lenders use different methods to evaluate borrowers, it is a good idea to obtain personal loan rates from multiple lenders so that you can compare your options.

Current personal loan rates by creditworthiness

Depending on factors such as your creditworthiness, the type of personal loan you are looking for, and the loan term, the interest rate can vary.

As the table above shows, good credit can mean a lower interest rate, and interest rates tend to be higher on fixed-rate loans with longer repayment periods.

This is how you get a lower interest rate

Many factors affect the interest rate a lender can offer you on a personal loan. However, there are some steps you can take to increase your chances of getting a lower interest rate. Here are some tactics you can try.

Increase creditworthiness

Generally, people with higher credit ratings will qualify for lower interest rates. Steps That Can Help You Improve Your Credit Score over time include:

  • Pay bills on time. Payment history is the most important factor in your creditworthiness. Pay all your bills on time when they are due.
  • Check your credit report. Take a look at your credit report to make sure there are no errors. If you find mistakes, dispute them with the Schufa.
  • Lower your credit utilization. Paying off credit card debt can improve this important credit rating.
  • Avoid opening new credit accounts. Only apply for and open credit accounts that you actually need. Too many tough inquiries about your credit report in a short amount of time can lower your credit score.

Choose a shorter repayment term

Repayment terms for personal loans can vary from one to several years. In general, shorter terms come with lower interest rates because the lender’s money is at risk for a shorter period of time.

If your financial situation permits, you can get a lower interest rate with a shorter term. Remember that the shorter term is not just for the benefit of the lender – if you choose a shorter term, you will pay less interest over the life of the loan.

Get a co-signer

Perhaps you know the concept of a co-signer when you have a student loan. If your credit isn’t good enough to qualify for the best personal loan interest rates, find a co-signer with good credit could help you secure a lower interest rate.

Remember, if you default on the loan, your co-signer will be on the hook to repay it. And signing a loan could also have an impact on their credit score.

Compare the rates from different lenders

Before applying for a personal loan, it is a good idea to shop around and compare quotes from various lenders in order to get the lowest interest rates. Online lenders usually offer the most competitive interest rates – and can pay off your loan faster than a brick and mortar company.

But don’t worry: comparing tariffs and conditions doesn’t have to be a time-consuming process.

Credibility makes it easy. Just enter how much you want to borrow and you can compare multiple lenders to choose the one that makes the most sense to you.

About believable

Credible is a multi-lender marketplace that enables consumers to discover financial products that are best suited to their particular circumstances. Credible’s integration with leading lenders and credit bureaus enables consumers to quickly compare accurate, personalized credit options – without compromising their personal information or compromising their creditworthiness. The Credible marketplace offers an unrivaled customer experience, as reflected in over 4,500 positive Trustpilot reviews and a TrustScore of 4.7 / 5.


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