A Wraparound Mortgage results when an existing assumable loan is combined with a new loan, resulting in an interest rate somewhere between the old rate and the current market rate. The payments are made to a second lender or the previous homeowner, who then forwards the payments to the first lender after taking the additional amount off the top.
Many individuals and businesses don’t know who to approach to receive the best rates for a Wraparound Mortgage.
The IRA Network works with numerous Mortgage institutions who provide Wraparound Mortgage Financing.
$50,000 – $1,000,000
Understanding Your Needs:
The IRA Network understands the need for Capital Funding NOW. We know that the harder it is to obtain capital and the longer it takes the easier you can be discouraged from realizing your dreams of opening a business or expanding your existing business.
We Can Help!
The IRA Network specializes in both Conventional and Hard to Fund projects that require a creative funding approach. IRA has created a unique relationship between entrepreneurs and investors. In order for us to determine how we can assist you in finding the right investor relationship for your project, please fill out the following. To analyze the information properly, we have asked specific questions regarding your business and/or project. The IRA Network understands entrepreneurs are traditionally risk-takers and usually have put their own credit and finances at risk, hurting their credit.
Please be advised that your answers to the questions regarding your credit and finances have no bearing on whether or not we take you on as a client, but rather serves as an aid in analyzing your total situation and in developing the right funding strategy. Additionally, if you don’t know an answer – don’t worry – this isn’t a test.
After one of our analysts has had an opportunity of review you responses, we will get back to you to evaluate your project and establish a plan of action.
Funding Pre-Qualifier – Let the Professionals take care of your capital needs!!!