At FC360, we offer commercial mortgage lending solutions designed to fit your borrowing needs. We understand and anticipate the needs of developers, small business owners and real estate investors, and, offer a fast, flexible and easy lending process. There is a wide variety of commercial mortgages available for your business. To help you pick the best option we have listed options available to you so you can make an informed decision.

admin | Commercial | 02 16th, 2010 | No Comments »

admin | Getting Your Credit Report | 02 15th, 2010 | No Comments »

Credit report errors occur for a number of reasons but they can all have a negative impact on your eligibility for any future credit. It’s important to stay on top of your credit report to avoid any mistakes made by the creditors and credit bureaus —Equifax, Experian and TransUnion. Some common reasons for credit report errors include:

* The individual has applied for credit under several different names (i.e. John Doe and Jonathon Doe)
* Someone made a clerical error in entering or reading information (names, social security numbers, addresses, etc.) from a handwritten application.
* Mix ups with common names. For example, there is likely more than one John Smith living in New York City and often there is the chance that information intended for one John Smith might appear on another John Smith’s credit report as he applies for a mortgage.
* The individual gave an inaccurate Social Security number or the number was misread by the creditor.
* Loan or credit card payments were inadvertently applied to the wrong account.

No matter what the reason, the erroneous information could reflect poorly on your credit file, thus causing approval problems when the time comes to apply for a job or obtain a mortgage. If you find errors, no matter how small, be sure you get them fixed, and make sure that you contact all three credit bureaus with your change.

admin | Mistakes on Your Report | 02 15th, 2010 | No Comments »

rightYour credit report is a record of your credit activities. It lists all of your credit card accounts and loans, the balances as well as your payment history. It also shows if any action has been taken against you because of unpaid bills such as a lawsuit or bankruptcy filing. Because businesses use this information to evaluate your applications for credit, insurance and employment, it’s important that the information in your report is complete and accurate, especially if you plan to make a big purchase like a home.

The Fair Credit Reporting Act (FCRA), enforced by the Federal Trade Commission (FTC), is designed to promote accuracy and ensure the privacy of the information used in consumer reports. Under the FCRA, both the credit reporting agency (CRA) and the organization that provided the information to the CRA (usually the credit card company) must correct any errors or incomplete information in your report.

If you do encounter a mistake on your credit report, several steps need to be taken to correct the matter:

1. The first thing to do is get a copy of your credit report from each of the three major CRAs: Equifax, http://www.equifax.com; Experian, http://www.experian.com; and TransUnion, http://www.tuc.com.

2 In a written letter, tell the CRA what information you believe to be inaccurate. Include copies (not originals) of documents that support your position. Provide your complete name and address, identify each item in your report you dispute, and request deletion or correction. Be sure to make copies of your dispute letter and enclosures.

3. Send your letter by certified mail, return receipt requested, so you can document what the CRA received.

4. The FCRA mandates that all CRAs reinvestigate the items in question — usually within 30 days — unless they consider your dispute frivolous. They also must forward all relevant data you provide about the dispute to the credit card company. After the credit card company receives notice of a dispute from the CRA, it must investigate, review all relevant information and report the results to the CRA.

5. If the disputed information is found to be inaccurate, the credit card company must notify all nationwide CRAs so they can correct this information in your file. Disputed information that cannot be verified must be deleted from your file.

6. When the reinvestigation is complete, the CRA must give you the written results and a free copy of your report if the dispute results in a change. If an item is changed or removed, the CRA cannot put the disputed information back in your file unless the credit card company verifies its accuracy and completeness, and the CRA gives you a written notice that includes the name, address, and phone number of the credit card company.

7. In addition to the CRA, you should also write to the credit card company about the error. Again, include copies of documents that support your dispute. If you are correct — meaning the information you disputed is found inaccurate — the credit card company cannot use it again. Further, at your request, the CRA must send notices of corrections to anyone who received your report in the past six months.

admin | Disputing Credit Reports | 02 15th, 2010 | No Comments »

It’s virtually impossible to change your score in the time between when most people decide to buy a home or refinance their mortgage and when they apply. So the short answer is, you really can’t “on the spot.” But there are strategies you can live with to make sure when you apply for a loan your score is as high as possible.

Make sure that the information each of the three credit reporting bureaus has on you is consistent and up to date. Order a copy of your credit report about once a year, and dispute any inaccuracies.

Note: Theoretically, if a series of credit reports is requested on your behalf during a limited amount of time, your score goes down until time passes without any inquiries. Changes in the law though have made “consumer-originating” credit report requests not count so much. Also, a series of requests in relation to getting a mortgage or car loan is not treated the same as a number of credit card requests in a limited time. This is because the credit bureaus, and lenders, realize that people request their own credit reports to keep up with what’s on them, and smart consumers shop around for the best mortgage and car loans.

Unsolicited credit card solicitations in the mail don’t count against your credit report, so don’t worry.

The two main components of your credit score are your payment history and the amounts you owe. Bankruptcy filings and foreclosures, which can stay on your credit report for as long as 10 years, can significantly lower your score. It’s never a good idea to take on more credit than you can handle.

Late payments work against you. It’s extremely important to pay bills on time, even if it’s only the monthly payment.

Don’t “max out” your credit lines. Since the size of the balance on your open accounts is a factor, lower balances are better.

It’s said that by carefully managing your credit, it’s possible to add as much as 50 points per year to your score.

admin | Improve Your Credit Score | 02 15th, 2010 | No Comments »

Retrieve your financial status with professional debt management solutions

Struggling to pay off your debt or become debt free? If yes, then take a breather for Fast capital 360 is here. A premier organisation specialising big time in enabling one get access to some of the most prominent entities from the debt settlement and debt management industry.

Readily recommended by Fast Capital 360, all such entities leave no stone unturned to provide the best yet the most professional of debt settlement and management solutions. Infact, their portfolio of services tend to come in more than handy towards enabling debtors settle a debt or a loan on an impromptu basis.

However, that’s not all, rather than just recommending the best of debt reduction and debt consultation firms, Fast Capital 360 is your best bet in case you need a ready reference to firms providing solutions for resolving any pending credit card debts, loans, mortgages and ways to get out of debt. In short, giving out names of organisations which other than providing highest level of quality service and solutions do well to enable one get out of debt and lead a debt free life.

What makes Fast Capital 360 the best in the business?
Setting up high standards is anything but a habit at Fast capital 360. Thus, any debt management company recommended by Fast Capital 360 provides unique debt help solutions to not only enable a client reduce his debt but in the long term pay off this debt altogether.

What’s more, such debt elimination companies even negotiate with creditors on behalf of a client to reduce installment amount, interest rate or for that matter even a principal debt. Well, at times even bargaining hard with creditors to lower the overall payment amount due or eliminating any penalties being levied in the form of late charges. Allowing one to eventually pay back a debt in the end according to his own repaying capability.

So, in a nutshell, it is amply clear that through consultation from Fast Capital 360, one may be able to eventually narrow down on a reliable debt management company specialising big time in providing debt help to get rid of any pending debts. Moreover, in more ways then one truely making it one of quickest ways to go ahead and put an end to all those irritating phone calls from the creditors.

Who all can avail free consultation services from Fast capital 360?
Professionals, self employed, retired personnel, business professionals, salaried individuals, house wives and people from every walk of life can take advantage of our free consultation. We have made our services available 24/7 for your convenience. So, apply now!

How to apply for our consultation services?
Applying for our consultation services is easy and hassle-free. All you need to do is to just go ahead and fill a simple online application form with the necessary details, leaving the rest to us.

How do we work?
Once an application is received, we instantly forward it to numerous debt consolidation and settlment companies which enable debtors to repay their debts in tune with their overall repaying capability.

So, what are you waiting for. Apply with us now and become a debt free person while all the time improving your credit score

admin | Company | 02 15th, 2010 | No Comments »

Helping investors & entrepreneurs meet their goals and dreams is our passion. We create value in the world by helping people succeed by giving them information they understand. We are here to truly help people make better financial decisions. We believe that people fail at least partially because they cannot always understand the financial information they possess. We are solving this problem. We think about this every day. FC360 stays focused on the customer and exists to create value in the market, we are here to serve rather than be served.

admin | Consulting | 02 15th, 2010 | No Comments »

·Business Management

·Negotiation Services

·Property Management

·Personal Management

·Asset Management

All success in business, from profits to productivity, market share to morale, are controlled by 5 Laws. And while these laws seem simple, almost to the point of common sense, they are incredibly difficult to apply.

Law of Vision
Ignite Forward Movement. Vision propels companies to break through obstacles and it drives meaning, purpose and innovation.

Law of Frequency
Fail Faster. There is a direct correlation between a company’s long-term success and how frequently and accurately it course-corrects.

Law of Perception
Perception Is Reality. Reality isn’t reality, perception is. Companies that fail to manage market perception will inevitably struggle.

Law of Accountability
Your most valuable asset; Developing individual and team accountability accelerates learning, defines focus, and leads to staggering results.

Law of Leadership
The Bridge To Success. Leadership is the link between behavior and structure that determines the ultimate success of a business.

FC360 management has harnessed the power of the 5 Laws for businesses and individuals throughout the world. Not only are the results consistent, they often exceed even the most optimistic forecasts. When steadily applied, they move businesses from surviving to thriving.

admin | Management | 02 15th, 2010 | No Comments »

We should say that “working with us” is the first way! When you let us help you find the loan that’s right for you, you truly are taking advantage of some of the area’s best technology and expertise to get you a loan decision and funding on your loan quickly. But here are five “other” ways you can speed up the process of getting a mortgage loan:

1. Have everything ready and in one place. Elsewhere on our website, you’ll find a list of things you might need in support of your mortgage application. If you get them all together and keep them in a safe, portable place like a special pouch or folder, you can cut down on time spent rooting around for things we may need. Also, you’ll help cut down on your own anxiety and confusion.

2. Be honest and complete when you fill out your application. “Fudging” your employment or residence history or omitting open credit accounts you’d rather not have considered doesn’t increase your chances of getting a favorable loan. In 100 percent of cases, it makes it harder, and take longer.

3. Respond promptly to requests for additional information. During processing, we or the lender considering your loan may need additional information. Provide it as soon as you get the request, or return the call as soon as you get the message.

4. Be prepared to explain derogatory items in your credit report. This is really part of number 2 above. If you had an illness or a divorce where you missed or made late payments, or you have other instances of late payments or delinquencies on your credit report, be prepared to explain them. Be honest, and don’t be nervous! The loan processor isn’t judging you, they’re trying to fill in all the blanks in their paperwork.

5. Let the appraiser in! The appraisal is one of the lengthiest parts of the mortgage loan process. Studies have shown that the single biggest factor in appraisal “lag time” is the appraiser’s inability to reach the owner to make an appointment. If you’re refinancing and the appraiser calls to make an appointment, make it as soon as convenient for both of you.

admin | Get Your Loan Faster | 02 15th, 2010 | No Comments »

APPLICATION
Approximate Time Frame – 5-20 Minutes

The application is the first step necessary to process your commercial loan. With FC360, you can submit a secure encrypted loan application online within a few minutes time.

APPLICATION CONFIRMATION
Approximate Time Frame – 1 Day

An experienced loan officer will contact you within 24 hours to confirm your application. Once we have discussed your loan request with you and are able to determine which program best suits your needs, our loan officer will indicate what information we will need from you to obtain a preliminary approval. You will be directed to our forms links in the website so you may fill out and complete the required application forms

DETERMINATION
Approximate Time Frame – 1 Day

Once we receive your signed completed package, a determination will be made as to whether your loan will best fit our loan programs or the loan programs of our large list of lenders with established partnerships with FC360. In such a competitive environment, you can rest assure that this decision will always be made with your best interest at heart. After a loan program determination is made and accepted by you, a term sheet indicating the terms will be sent via email or fax for your signature to be returned via fax.

PROCESSING & UNDERWRITING
Approximate Time Frame – 7-14 Days

Once your FC360 loan officer receives the signed term sheet, the the underwriting process begins. The process differs depending on whether it is our program or a brokered loan program which better suits your needs. However, the process does include some back to back communication with you clarifying any issues and/or gathering any additional documentation. It is at this time when communication and/or gathering any requested documentation within a timely manner is crucial to avoid delays.

APPRAISAL
Approximate Time Frame – 15-30 Days

The commercial appraisal process is very different from residential and entails a substantial amount of work on behalf of the appraiser. On a purchase, depending on the timeframe required by a contract, we might choose to order an appraisal at the time we begin the underwriting process to be able to meet the closing date. Otherwise, the appraisal will be ordered after approval. At least two appraisal estimates with local commercial appraisers will be requested and discussed with you prior to engaging their services. The appraisal plays a major role in the loan amount approved since lenders generally base their loan to value (LTV) on the lower of the purchase price or appraised value.

CLOSING
Approximate Time Frame – 3 Days
Immediately after approval, FC360 will prepare the closing documents. These will be supplied to a local closing agent in your area that will close the loan.

admin | Process Steps | 02 15th, 2010 | No Comments »