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Debt Consolidation...

It's Never Too Late To Consolidate

The following information regarding debt consolidation is to be used for illustration purposes only and is subject to change. This information contains summaries of terms and requirements for consolidation of funeral home debt which are subject to changes in market conditions and underwriting requirements. Terms and conditions must be customized for each loan request.
 

Debt Consolidation – Option  1

Interest Rate: New York Prime plus 3.50% adjustable daily 
Loan to Value:
Up to 90%
Recourse:
Full
Term: 15 years, fully amortized Land and Building
Term :
12 years, fully amortized Business
Loan Fee
(s):
4-6% of amount financed
Requirement: Borrower must enroll funeral home business into Master  Management Agent
                       Program which provides lender
with additional layers of collateral protection.

APPLY HERE
 

Option  2

Interest Rate: New York Prime plus 3-4% adjusted quarterly
Term: Up to 20 years, fully amortized.
Loan to Value:
Up to 80% real estate + $500,000 business
Recourse:
Full
Prepayment Penalty:
Subject to loan term
Loan Fee (s): 4-6%
of amount financed
Loan Caps: $300,000 - $5 million
 
APPLY HERE  

Option  3

Interest Rate: 11 – 13% Fixed
Term: Up to 3 years
Payments:
Interest only monthly
Loan to Value:
Up to 60%
Recourse:
Full
Loan Fee (s): 4-6%
of amount financed
Loan Caps: $300,000 - $20 million

Security:
Land, Building plus Business  
APPLY HERE  


 


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