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1 Ans What to do if the bank does not provide a loan?

Asked by AL MaMun (4 Golds) Sunday, 22 Sep 2019, 12:13 AM at (Consultancy Business)

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What to do if the bank does not provide a loan


Every day people ask - I have a 20% down payment. Still the bank does not offer loans - what to do in this case?

There is a misconception that if you do not show a large income on your tax return, you are not eligible for a loan. This is not true We work with people in our country and many other countries who own business organizations, work cash cash business, do not accept salary checks; But there are savings and good credit. When they approach a large bank or lender, they are rejected because of low income. Sometimes they go to inexperienced brokers or loan officers who suggest amending the tax return to show higher returns. This is not right Because, it's too expensive to do and the IRS will start investigating it.

In this case my job is to give the right advice and find the right solution. We will find and discuss the Lander to suit the client's situation. We review the entire proposal with the suggested advice and keep the process from the beginning with the risk factors in mind. Because lenders offer large amounts of business every year, we establish relationships that provide the best rates and the cheapest expense.

Rickam Consulting, LLC is a commercial and investment real estate loan brokerage firm. Which provides loan consulting and processing services. We have been providing real estate finance support and advice for over 20 years. Our superior service, transparency, quick editing and topic knowledge set it apart from others. We have served hundreds of Bangladeshi people in need of various types of financing in the last 20 years.

For those who do not receive general bank loans, specialize in loan, investment or basic residential structure without income check. We provide structured support for any type of investment loan, multi-family, mixed use, warehouse, office building, hotel / motel, construction loan, etc. across the country.

We can help customers find the best loan. We are ready to discuss any suggestions to see how we can help. Planning the future and following the plan perfectly is the number one rule of success. An expert should always be consulted to provide accurate guidance.

I hope more people from Bangladesh will invest in real estate to build their future. I want to have the opportunity to be part of their success by providing my services.

Answered by AL MaMun (4 Golds) Sunday, 22 Sep 2019, 12:13 AM

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