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monique6994

@monique6994

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Filipino looking for information about USA

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3 posts

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Filipino

Registration: 18 June 2021

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monique6994 replied to a thread
3 years ago
William Cameron

Construction Loans in Puerto Rico by William Cameron

I am hoping but, not hopeful that someone knows a lender that will fund a construction loan in PR other than Banco Popular. BP has told me they take as long as 180 business days to approve a loan after you get a bid from a licensed builder. That ...

monique6994

Can you share some thoughts with me? I'm on my own research where to get a rental loan and I found I Fund Cities. I think they can provide service through the Internet. Read More

monique6994 replied to a thread
3 years ago
William Cameron

Construction Loans in Puerto Rico by William Cameron

I am hoping but, not hopeful that someone knows a lender that will fund a construction loan in PR other than Banco Popular. BP has told me they take as long as 180 business days to approve a loan after you get a bid from a licensed builder. That ...

monique6994

Negotiating construction loans is a critical component that you should protect the borrower and the lender as well as to ensure good relationship to both parties. So this is my advice and experience. You should learn about lending and loan to avoid ... Read More

monique6994 replied to a thread
3 years ago
NobodyCares

Construction loan to build house in Puerto Rico by NobodyCares

Hello, I'm a Veteran and I would like to build a house in Puerto Rico. Which bank did you use that offered a construction loan to build your house? Could you explain in detail what information does the bank need to be approved for the loan and ...

monique6994

Just a tip to win an approval construction loan. Be good or to have good credit to reduce the risk. Lenders require borrowers to have a credit score of I think 680. I believe you can work on that in Puerto Rico too. Try FirstBank VI in Puerto Rico. ... Read More