HUD guarantees each mortgage loan made to eligible borrowers. The loan guarantee assures the lender that its investment will be repaid in the event of a foreclosure. The borrower pays a 1% loan guarantee fee at closing, which may be financed in the mortgage or paid in cash. Loans are originated and serviced by lenders that have completed Section 184 training and are:
AboutPayday Loans offers short term cash advances to help you make ends meet when those situations arise and you find yourself a little short on cash. Our service is courteous and hassle free. We are not a bank. We are not here to judge and penalize you. We do not perform a standard credit check however, we do utilize various verification type services to help our staff process your application quickly. Your business is very important to us and we make sure that you are treated both fairly and with respect. We understand that there are certain times that require a little financial help. A guaranteed cash loans instrument allows you to take care of those matters with dignity and confidentiality. We want you to feel that you are important to us and if at anytime you feel otherwise, please let us know.
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