Seaside Mortgage - Scott Sutton

Although fractional ownership properties are not a new concept, financing these properties is. In the past, buyers of these hotly-sought-after properties would use a second mortgage, on their primary home to pay for their ownership. Since some buyers did not want to tie up the equity in their primary home, or sell a piece of their stock portfolio, there was a void in the buying process.

Financing a fractional second home is just like financing your primary home. Moderate down payments are required, with choices from a 3/1, 5/1, 7/1 or 10/1 ARM. We also offer two interest-only products And, we offer refinances on properties with a 12-month seasoning since purchase.

Already own a fractional property?  Let us improve your terms or help you capture a little of that appreciation with a refinance.

Whatever you do if you reaffirm on any debt make sure to continue to pay those debts on time.  Most people we continue to pay a mortgage or car payment, so make sure you keep making those payments.

You need to establish new credit as quickly as possible!  Secured credit cards are available to you, even with a bankruptcy.  They will require you to deposit money with them in exchange for a creditline amount.  The bank is protected by the funds they have on deposit.  It will still report to the credit bureau, which will help you score.

Use your credit.  I cant say it enough, you want a balance on your creditlines to help show you can make timely payments.  You should ideally keep the balance below 50% of your maximum creditline.

Time heals all wounds and after 12 to 24 months you should see an improvement in you credit.

Hello,

I wanted to take a minute to discuss a new opportunity in Orlando, called The Village of Imagine .  It is to be Orlando's ultimate residential resort. 

The Westin resort will be located in the heart of Orlando near the nations second largest convention center. 

It is an upscale 30 acre urban village, featuring luxury condo-hotel suites. 

To include over 40,000 square feet of commercial space designated for fine dining, boutique shops and authentic eateries.

First phase to feature 470 condominium suites and residences known as The Westin® Imagine Orlando Residences.

The Grand Imagine Hotel, designed in the Art Deco modernist style identified with Florida, will be the first facility opened at The Village of Imagine and will become the gateway to the southern entrance of The Village of Imagine which will feature an elevated connection corridor to the Orange County Convention Center.

We will be able to offer financing for the condo hotels and fractional share units.  Please call Scott Sutton, toll free at 888-473-0851 for more information or fill out an application online to get pre-qualified today!