3 min read
Ted Spradlin: Sep 23, 2023 12:47:27 PM
Following the biggest economic crisis of the 21st century, federal and state regulators tightened the laws around mortgage lending. In response to a crash that largely due to activities in subprime lending, the government introduced the Ability to...
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Ted Spradlin: Sep 23, 2023 12:40:02 PM
In the early and mid-2000s, mortgage lenders were handing out loans without the notion that they would ever be successfully paid in full. This, along...
9 min read
Ted Spradlin: Sep 9, 2023 4:55:36 AM
This guide to consumer purpose hard money second mortgages is designed to be informational. It may also be a bit of a letdown, since this isn't a...
3 min read
Ted Spradlin: Sep 6, 2023 6:54:17 AM
If you’re a real estate investor or business owner seeking fast financing using your primary residence as collateral, this article covering the five...
1 min read
Ted Spradlin: Sep 2, 2023 3:40:57 PM
No, FCTD does not offer hard money second mortgages to satisfy divorce settlements. These are considered consumer purpose loans, for personal and...
3 min read
Ted Spradlin: Sep 2, 2023 3:16:15 PM
I had a loan scenario come in through the website in 2022 where a non-military veteran was assuming a Veterans Administration (VA) loan, and needed a...
1 min read
Ted Spradlin: Sep 2, 2023 2:54:31 PM
FCTD has a minimum loan amount of $150,000 and will not consider a $20,000 hard money second mortgage. Smaller loans are often more time consuming,...
1 min read
Ted Spradlin: Sep 2, 2023 2:40:37 PM
First Capital Trust Deeds (FCTD) doesn't provide hard money second mortgages for home improvements, if the property being used as collateral is a...
2 min read
Ted Spradlin: Sep 2, 2023 2:29:45 PM
First Capital Trust Deeds (FCTD) does not offer hard money second mortgages for personal debt consolidation, even to bring up credit scores in order...
4 min read
Ted Spradlin: Sep 2, 2023 2:07:26 PM
The short answer is, “No, we do not offer hard money second mortgages for Chapter 13 bankruptcy buyouts.” The long answer is more detailed, which...
