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<table border="0" cellpadding="3" cellspacing="1" width="100%" class="forumline"> <tr> <th class="thCornerL" width="22%" height="26">Author</th> <th class="thCornerR">Message</th> </tr> <tr> <td width="22%" align="left" valign="top" class="row1"><span class="name"><a name=""></a><b>xyrva0h5</b></span></td> <td class="row1" height="28" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="100%"><img src="http://picsrv.fora.pl/Aeolus/images/icon_minipost.gif" width="12" height="9" alt="Post" title="Post" border="0" /><span class="postdetails">Posted: Thu 18:17, 17 Oct 2013<span class="gen"> </span> Post subject: hollister outlet sale Important Tips for Successfu</span></td> </tr> <tr> <td colspan="2"><hr /></td> </tr> <tr> <td colspan="2"><span class="postbody">**NOTE** - has claimed original rights on the article "Important Tips for Successfully Completing a Bridging Loan" ... if there is a dispute on the originality of this article ... please contact us via our and supply our staff with the appropriate details of dispute (ie ). <br />Article Source: uPublish.info <br />Since 2008, the bridging finance sector has moved away from non-status, purely asset based loans. Yes the quality of the security is vitally important, but there are now many other considerations that the broker and their clients have to take into consideration. <br />Below are my top ten tips for ensuring that a bridging loan application goes through smoothly and successfully. <br />(1) Know your lender <br />Each bridging company tends to focus on different types [url=http://www.sandvikfw.net/shopuk.php]hollister outlet sale[/url] of loans [url=http://www.shewyne.com/woolrichoutlet.html]woolrich outlet[/url] or favour a specific type of security. Some like big ticket commercial properties, others FSA regulated smaller loans. Remember the lender's product guide often implies that they lend [url=http://www.lcdmo.com/hollister.php]hollister pas cher[/url] against anything to anyone, rarely is this wholly accurate. 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This not only causes delays but often means that the credit committee will lose confidence in [url=http://www.shewyne.com/peutereyoutlet.html]peuterey outlet[/url] the competence of the applicant. <br />(5) Identify problems upfront <br />Bridging finance is expensive and is used for a reason. Often the applicant tries to hide these reasons and thinks [url=http://squarfmtty.wikispaces.com/hollisteroutletsaleDiscoverANewInnovationIn]hollisteroutletsaleDiscoverANewInnovationIn[/url] that no-one will find out about their poor credit history or defective property. Almost always these details surface during the underwriting process and if disclosed upfront could have been dealt with then which would lead to a quicker and smoother underwriting process. <br />(6) Pick a good solicitor <br />It must be one of the most false economies that exist. The applicant is spending thousands, sometimes tens of thousands of pounds on a bridging loan, but try to save a few hundred pounds by instructing a sub-standard solicitor who is not sufficiently experienced to deal with these types of transaction. The saying that you "get what you pay for" is often true when you are deciding which firm of solicitors to use. <br />(7) Submit backing evidence to the valuer <br />If the applicant has strong evidence to back up their estimated valuation then they should provide this to the valuer prior to the valuation taking place. A valuer is much more likely to take into consideration evidence to support the applicant's [url=http://www.tagverts.com/barbour.php]barbour online shop[/url] estimated valuation when they receive it upfront. Once the valuation report has been submitted to the lender then it is much harder for the applicant to persuade the valuer that their figure is correct and the valuer should amend his report. <br />(8) Respond promptly to requests for additional information <br />The underwriter will require various additional information from the applicant before the loan can be signed off. Ensure that this is provided promptly. If you [url=http://www.tagverts.com/barbour.php]barbour deutschland[/url] have no urgency in providing the underwriter with this information then human nature often takes over and makes the underwriter think that there is no urgency with the transaction. <br />(9) Ensure you have a full list of outstanding information [url=http://www.oater.cc/E_GuestBook.asp]abercrombi[/url] from the underwriter <br />Every professional bridging company should provide the broker a list of requirements [url=http://www.jeremyparendt.com/Hollister-b5.php]hollister france[/url] upfront. [url=http://www.mxitcms.com/abercrombie/]abercrombie[/url] As the valuation and legal work progresses, additional items may be required but always ensure you get a list of requirements within the first 24 / 48 hours of submitting a case. This allows the broker to immediately obtain these items and avoids unnecessary delays at the back end of the process. <br />(10) Be polite <br />It always amazes me how many applicants and brokers are rude or unnecessarily aggressive with the underwriter. Everyone understands that bridging loans are time sensitive and even the slightest delay can lead to the applicant losing a considerable amount of money or on occasions even their family home. For such an important matter you want the underwriter to be on your side and not thinking what a rude so and so you are. <br />References: <br />About the Author: <br />Important Tips for Successfully Completing a Bridging LoanArticle Summary: Since 2008, the bridging finance sector has moved away from non-status, purely asset based loans. Yes the quality of the security is vitally important, but there are now many other considerations that the broker and their clients have to take into consideration.here are my top ten tips for ensuring that a bridging loan application goes through smoothly and successfully. <br />Keywords: , , , <br />Masthaven bridging finance - for all your bridging loan and bridging finance needs <br />(c) <br />Category: <br />Russ Svatt Article Feed :</span></td> </tr> </table></td> </tr> <tr> <td colspan="2" height="1" class="spaceRow"><img src="http://picsrv.fora.pl/Aeolus/images/spacer.gif" alt="" width="1" height="1" /></td> </tr> </table>
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