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2nd Reconsideration denial due to no record found, 2019 tax stuck in backlog, are we able to work with both now?
ОтветитьGreat show yesterday guys… Hopefully things can speed up now for all of us. 🙏🏿
ОтветитьHi Linda🙋love your nickels 😊
ОтветитьHey guys so I found out what happened I sent my updated banking info to recon so now they are waiting for my tax transcripts to reconsider me for the loan. Question is wouldn't they of ran my credit first and then request tax transcripts? I got denied the loan in the beginning because my credit score but now it's at 604.
ОтветитьHi linda and trevor i got funded for my modification finally with the help of my state senator. This funding company that assisted with my original loan is trying to charge me for this increase which they didnt help much. Any advice
ОтветитьSo did you find out 1) what credit score requirement is? SBA7 requires 660 or good credit perhaps they are using that guidline. Also they use Business credit scoring model if you have web presence and or listed with D &B and have strong 2019 taxes the model does give credit in addition to personal experian fico score. I know this because an " Associate " of mine had less than 570 experian fico ( they have 556) and was approved for a loan prior to the 2M as exceptable credit because of the other business credit . So the minimum 570 on loans 500k or less is not set in stone. Regarding 2Million increase what is acceptable collateral besides Real Estate? Is the collateral based on a 1:1 ratio if you use a CD or stocks or are they doing 2:1 , 3:1 etc. What is the exception? Hi Guys hope your doing good.
ОтветитьSo I'm trynna find out if my SBA. Loan/and grant will go thru if in 2019 I only worked 4months but made $10,026 and in 2020 I only worked 2months due to the covid but I made $11,000 both loan and grant are in the processing stage since aug19th 2021!! My loan was for 21,900 witch I accepted!
ОтветитьWhere is the "Let's Connect Option" I would like to schedule a fifteen(15) minute consultation.
ОтветитьI'm still in limbo processing
ОтветитьStill stuck in recon limbo for 3-4 months because of IRS backlog or wtv, sba not accepting stamped taxes either, they just say “in process keep monitoring ur email”
Lmao
I would love to have a one on one walk through with you guys.
Ответитьgreat vid. My credit score mid 600, working on it. thx again my Bonnie & Clyde ! LOL
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