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First Choice Bancorp Posts 12% YOY Increase in Net Income and Declares Quarterly Dividend – First quarter of 2018 net income. including construction, owner-occupied and non-owner-occupied cre originated totaled $62.6 million. New originations were partially offset by a decrease of $7.9.
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Three of 10 Sentenced in Mortgage Fraud Investigation – According to the Shauntee Ferguson plea agreement, on November 16, 2005, Shauntee Ferguson applied for a residential construction loan in the approximate amount of $520,000. On her loan application,
Positive plan to help housing affordability – Negative gearing. Negative gearing refers to the situation where investors make an investment (mostly in property) that loses money in the short term (e.g. loan and related costs are greater than rental income), in the expectation of making capital gains in the future.
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Fate of new Dorrance Township housing project remains. – Still, though, a loan company was provided with a document supposedly written by council president Stephen Nalewajko, but Nalewajko emphatically stated during Monday’s council meeting the signature on.
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Stated Income Jumbo Construction Loan 1 Million – Home builder construction loan program. This is a short-term construction loan for home builders for subject properties located in Arizona, California, Colorado, Idaho, Illinois, Michigan, North Carolina, South Carolina, Ohio, Oregon, Texas, Utah, and Washington.
construction loans – Stated Income – The first step is figuring out who qualifies for a stated income construction loans. For example, if you are a salaried employee, you would not qualify. There is adequate proof of your income.
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