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    What an amazing process! Light, reflected off different surfaces, passes through the eye's cornea and pupil, then forms an image on the retina at the back of the eye which the brain then translates and re
    p>Co-Borrowers

    Some borrowers choose to include a new co-borrower on their application who has a higher credit rating. A borrower who is on a loan application but who does not live in the property is known as a "non-resident co borrower". Som

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    Benefit

    Refinance opportunities for people with challenging credit come in two main areas:

    • mortgage lenders
    • hard money lenders
    New Loan Options One of the most critical factors helping someone with bad credit is equity in the property.

    If there is enough equity in a property then lenders will look much more favorably on a borrower with bad credit. For example. if the property is worth $300,000 and the mortgage is for $150,000 the borrower will have many lenders looking at their loan favorably.

    Some lenders have not required a credit score if there is enough equity in a property (this is when a person owns more than 40% of the value of the property).

    Hard Money Lenders

    Hard money lenders offer loans for people who can't be approved by regular lenders. People turn to hard money lenders because of the speed of their decisions and their flexibility. They can look beyond credit situations and look at the bigger picture. Hard money lenders usually also require a lot of equity.

    Co-Borrowers

    Some borrowers choose to include a new co-borrower on their application who has a higher credit rating. A borrower who is on a loan application but who does not live in the property is known as a "non-resident co borrower". Some

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    redit is equity in the property.

    If there is enough equity in a property then lenders will look much more favorably on a borrower with bad credit. For example. if the property is worth $300,000 and the mortgage is for $150,000 the borrower will have many lenders looking at their loan favorably.

    Some lenders have not required a credit score if there is enough equity in a property (this is when a person owns more than 40% of the value of the property).

    Hard Money Lenders

    Hard money lenders offer loans for people who can't be approved by regular lenders. People turn to hard money lenders because of the speed of their decisions and their flexibility. They can look beyond credit situations and look at the bigger picture. Hard money lenders usually also require a lot of equity.

    Co-Borrowers

    Some borrowers choose to include a new co-borrower on their application who has a higher credit rating. A borrower who is on a loan application but who does not live in the property is known as a "non-resident co borrower". Som

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    at their loan favorably.

    Some lenders have not required a credit score if there is enough equity in a property (this is when a person owns more than 40% of the value of the property).

    Hard Money Lenders

    Hard money lenders offer loans for people who can't be approved by regular lenders. People turn to hard money lenders because of the speed of their decisions and their flexibility. They can look beyond credit situations and look at the bigger picture. Hard money lenders usually also require a lot of equity.

    Co-Borrowers

    Some borrowers choose to include a new co-borrower on their application who has a higher credit rating. A borrower who is on a loan application but who does not live in the property is known as a "non-resident co borrower". Som

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    ople who can't be approved by regular lenders. People turn to hard money lenders because of the speed of their decisions and their flexibility. They can look beyond credit situations and look at the bigger picture. Hard money lenders usually also require a lot of equity.

    Co-Borrowers

    Some borrowers choose to include a new co-borrower on their application who has a higher credit rating. A borrower who is on a loan application but who does not live in the property is known as a "non-resident co borrower". Som

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    p>Co-Borrowers

    Some borrowers choose to include a new co-borrower on their application who has a higher credit rating. A borrower who is on a loan application but who does not live in the property is known as a "non-resident co borrower". Some lenders allow this, and some lenders will not. It also depends on what type of loan the borrower is looking for.

    Often times a lender will figure out a borrower's debt burden after their credit card and other debt is paid off through a refinance.

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