There Will Soon Be Plenty of Product Available Again RFG constantly hears complaints from its clients that there is less and less distressed inventory on the market, and more and more investors, making getting their bids accepted difficult. That is about to change . . . During 2008 – 2011,…
RFG Reduced FICO Score Trial Program Rehab Financial Group, LP is excited to announce the roll out of a new trial rehab loan program. This program is designed for qualified borrowers who may have credit blemishes do the country’s recent economic turmoil and down turn in real estate markets. Any…
RFG Enters The Digital World Commencing this month, Rehab Financial Group, LP, with the assistance of its outside full service digital agency, Brolik Productions, is kicking off an initiative to increase RFG’s presence through both its website and social media outlets. Over the next few months, you will see significant…
A Rehab Financial Group Success Story From time to time we like to present a success story that shows how an investment of time and patience can pay off for a borrower doing a rehab project. About a year ago, we were contacted by a potential borrower from Northampton County,…
Frequently Asked Mortgage Questions We are frequently asked by our borrowers to explain certain terms that are used in the mortgage industry. We have provided answers to some of the most frequently asked questions below, even if they do not necessarily apply to RFG loan. We hope that this helps…
Rehab Lending, Loan Costs and Private Lending Conferences I recently attended a conference of Private Lenders in Las Vegas, which was great. Being in Las Vegas is always fun (kind of like Disneyland for adults) and the conference was terrific. For as many years as I have been in the…
Position Your Credit to be Approved for a Loan! Most mortgage lending companies will ask you to allow them to “run” your credit, meaning they will request information on your credit from various credit rating agencies. RFG uses what is called a tri-merge report, which gives credit scores from three…
We Aren’t Being Nosey, We Really Need to Know! We are frequently surprised by the things that potential borrowers are willing to tell us, and conversely, that which they are not willing to share. They are usually happy to give us authorization to review their credit histories, tax returns, bank statements and…
2013 Predictions: What Will Happen in the Real Estate World? The year 2012 has ended and the effects of the economic recovery are beginning to be seen. Prices of real estate have stabilized in most parts of the country, and even begun to rise in a significant number of areas….
A Repeat Customer Is The Biggest Compliment RFG Can Get We are pleased to write that RFG’s business continues to grow – we speak to new borrowers every day and as a result, have grown our borrowing base of customers significantly. Interestingly, as we add new borrowers, we continue to…