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| After 32 years V.I.P. now refuses to make any loans that are "owner Occupied" ...our State and Federal Government have passed a series of laws that now makes this area of loans too "borrower friendly".. we owe too strong a duty to our private party lenders to subject them to these hurdles.. homeowners that need one week loans, or loans based on equity rather than credit are now finding it increasingly difficult to obtain equity financing....The law of unintended consequences. |
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