Refinance or New Loans
Credit Repair
 
A Paper - Aka Major Bank
B Paper - aka Mortgage Broker
C Paper - aka Hard Money aka Bridge Loan
Advantage
 The cheapest loans you can get in the market. Financial requirements are not as strict and there are more creative options to get the deal done. The cost of money is steep and the financial requirements are very loose.
Disadvantage
 There are many restrictions in the amount of properties an investor can have. The borrower must have strong reportable income, credit history and strong balance sheets. "Banking Business Hours" are the only time we can communicate. You will be paying more points than A Paper and probably pay just a bit more interest. WARNING: most Mortgage Brokers don't have the experience in dealing with investors. Please use my reference below. The cost is usually 5-7 points up front, 12% interest with a 60% loan to value. You will have to go through the financial exercise again at the end of 2 years.
  Usila Koech Aundrea Beach-Greco Stephen Sinko
  Chase RMS & Associates HardMoneyLasVegas.com
  (702) 812-8594 (702) 326-7866 (702) 281-2304
  usila.c.koech@chase.com info@aundreabeach.com StephenSinko@yahoo.com
       
      Marty Suidgeest
      Direct Equity Mortgage
      (702) 348-4539
      msuidgeest@yahoo.com
       
       

Mark Coats
Regional Director,
National Credit Federation

mark@naccr.net
Off. 702-430-9818
Cell. 702-372-9668
Fax. 702-430-8713 
www.naccr.net  
www.naccr.wakeupandbefree.com

Disclaimer: I don't make any money off of these people and do not accept kick backs. They are "vendors" and I make no claims or warranties about pricing or performance. I have found them to be very professional, honest and easy to work with. If you want to pick your own folks - go for it.