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Most offer "Non Conforming Loans" or "Low Doc Loans" for those who, for a variety of reasons, are unable to get finance from the mainstream lenders due to issues such as unusual employment types or situations, unusual income types or sources, past credit problems, and even previous bankruptcy.
Not everyone’s situation is necessarily risky, it may just be unusual, and therefore rates can be very competitive with the main stream lenders.
These loans offer the opportunity to get you “back on track”, or allow you to access loans when the normal lenders can’t help. |