Realtor Mark
RealtorForum Replies Created
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I truly believe the entire country needs police reform. There are so many police officers who think they are above the law and have ridiculous egos that will get them in trouble
Deputy Detective Tyler Ingram gets stopped by Arkansas State Trooper Rafael Guerra. They both make mistakes, but only one gets arrested and loses his job.
HIT the LIKE 👍
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Refinancing a car loan can be challenging, but it is possible. The goal is to move the loan for the 2016 GMC Sierra from the client’s name to the fiancé’s name. Since the fiancé is self-employed, has a low credit score, some verifiable income, and is a veteran, the best approach is to look for lenders who consider more than just credit scores.
Here’s a step-by-step plan and an overview of possible lenders.
How Subprime Lending Operates for the Self-Employed
Obtaining a loan from a traditional bank can be challenging for self-employed individuals. Subprime lenders typically have more flexible rules and are more likely to approve loans based on the borrower’s ability to pay, rather than just their credit score.
Here’s what they will require for income verification:
- Proof of Business Operation: They require at least two years of self-employment, which he has.
- Income Documentation: He should gather 12 to 24 months of bank statements to demonstrate cash flow, along with a profit and loss statement and tax returns (Form 1040, Schedule C) to prove that his contracting business has a steady income.
- Debt-to-Income Ratio (DTI): Lenders will check his DTI.
- Steady income from his business and disability benefits should help keep this ratio in a good range, even if he has other debts.
His disability benefits from the U.S. Armed Forces are a plus. With at least one year of steady, verifiable income remaining, lenders will see this as a sign of stability, which will help his application.
Lender Options and Recommended Strategies
Given his 587 credit score, self-employment, and veteran status, the following options are most likely to help him get a refinancing loan for the truck.
Option 1:
- Community-Oriented Credit Unions
- Some credit unions have community-based initiatives that help individuals who struggle to access conventional banks.
- They take a more holistic approach, considering the whole person rather than just a number.
- Alternatives Federal Credit Union: This credit union assists community members in obtaining loans to enhance their financial situation.
- They understand lower credit scores and can help with refinancing.
- They should be the first place you contact.
Option 2:
- Military-Focused Lenders
- As a veteran, he can work with lenders who focus on helping veterans.
- These lenders are typically more flexible and understand the financial challenges associated with military service.
- Navy Federal Credit Union (NFCU): NFCU is recognized for its competitive pricing and has a large membership base.
- As a veteran, he is eligible to apply, and NFCU can process his application.
- Since he is on disability, offering him an auto refinance and working with him as a veteran is a suitable approach.
- PenFed Credit Union: PenFed offers large loans and focuses on serving the military community.
- Refinancing with them is a good option to consider.
- USAA: A USAA auto loan could be an option.
- They offer loans for older vehicles (the 2016 Sierra qualifies) and have programs for veterans.
- Contact them to see what terms they might offer, considering his full financial picture.
Option 3:
- Subprime Lenders and Specialized Dealerships.
- These lenders help people with credit challenges.
- They usually focus more on steady income and job stability than on credit scores.
- Auto Credit Express: This service connects individuals with credit issues to lenders and dealerships.
- They offer programs for veterans and work with subprime lenders who understand self-employed income.
- He can apply through them and get connected to a dealership in the Rockford area.
- Rockford Subprime Local Dealerships: Dealerships like Anderson Nissan in Rockford collaborate with subprime lenders and support all customers, regardless of their credit score.
- Their finance team partners with different lenders and may be able to help him get a loan using his income documents.
Why It’s A Good Idea to Have A Co-Signer
Most sources agree that if the borrower can’t get approved, having a co-signer with better credit can help secure a loan. Ideally, the fiancé will qualify on his own, but if not, a client or family member with good credit can co-sign. This can improve approval chances and help get a lower interest rate.
Steps to Take
- Getting Documents: The fiancé should gather these documents as soon as possible:
- Last two years of personal and business tax returns.
- Current year-to-date profit and loss statement for his contracting business.
- Last 12 to 24 months of personal and business bank statements.
- Proof of his award letter on disability benefits or the bank statements that show the deposits.
- His military service proof, DD-214, or other documentation.
Contact these lenders in this order:
- Start with Alternatives Federal Credit Union, as they specialize in helping individuals with low credit scores.
- Next, because he is a veteran, reach out to Navy Federal, PenFed, and USAA.
- If those options don’t work, apply with Auto Credit Express to get matched with a local subprime lender in Rockford.
- Then visit or call the finance department at a local subprime dealership, such as Anderson Nissan, which offers subprime financing.
Expect Higher Rates:
- With 587 a 587 credit score, the interest rate will be higher than for someone with good credit.
- The primary goal is to remove the truck from the client’s name.
- After making on-time payments for 12 to 24 months and improving his credit, he can try to refinance again for better terms.
- It is tough, but there is hope. His self-employment income and veteran benefits are positive factors that subprime lenders will take note of.
- With the right lenders and organized paperwork, he has a good chance of getting a subprime refinance.
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Katie Abraham was 20 years old. A college student with her whole life ahead of her. Until a drunk illegal alien that Illinois protected killed her in a car crash and fled to Texas using fake documents. Today, her father Joe sat in Congress watching the governors who enabled his daughter’s death squirm under oath, unable to justify their sanctuary policies that value criminal aliens over American lives.
This gut-wrenching segment from Gary Franchi’s RAW FEED on the Next News Network exposes the sanctuary state bloodbath happening across America. Three Democrat governors—Pritzker of Illinois, Walz of Minnesota, and Hochul of New York—were forced to testify under oath about their deadly policies. What happened next was a masterclass in evasion, lies, and moral bankruptcy.
Chairman James Comer opened with Katie’s story, forcing these governors to confront the real human cost of their virtue signaling. The illegal alien who killed Katie had been previously deported but was protected by Illinois’ sanctuary policies. He didn’t just flee the scene—he fled the state, was caught in Texas using fraudulent documents, and now faces federal charges. When Comer asked Governor Pritzker directly if this killer should have been in America, Pritzker couldn’t even answer. He started offering condolences before being cut off. The question was simple: should Katie’s killer have been here? The silence spoke volumes.
The revelations got worse. Governor Kathy Hochul admitted she has absolutely no idea how many illegal aliens are in New York or how much taxpayer money they’re receiving. When pressed by Rep. Donalds, she incredibly claimed immigrants “have been coming here for 400 years” as justification for keeping zero records. Your tax dollars are disappearing into a black hole, and the governor of New York doesn’t even pretend to care.
The truth about sanctuary policies becomes undeniable when you see it destroying lives. That’s why independent journalism matters more than ever.
Tim Walz’s testimony was perhaps the most disgusting. When confronted about calling ICE agents “modern-day Gestapo,” he refused to apologize. Think about that—comparing American law enforcement officers to Nazis who murdered six million Jews, and he won’t take it back. These are the same officers trying to remove drunk drivers who kill college students, and Walz calls them Gestapo.
Tom Emmer absolutely destroyed Walz with facts about Minnesota’s transformation into a criminal magnet. Free healthcare, free college, driver’s licenses for illegals while handcuffing law enforcement. The result? Minnesota attracts terrorists, gang members, murderers, and child predators. Emmer’s closing shot was brutal: “You remember JD Vance, don’t you?”—reminding everyone that Walz lost to Trump-Vance.
The viral moment came when Rep. Brandon Gill confronted Pritzker with his own tweet urging everyone to use opposite-gender bathrooms to protest Trump. When asked if he ever used a women’s restroom himself, Pritzker went completely silent. The hypocrisy was so thick you could cut it with a knife.
Democrat Congressman Stephen Lynch then compared ICE agents to Nazis, saying his WWII veteran father would be proud he’s “fighting today’s Nazis.” This is the sick rhetoric that gets federal officers killed—comparing immigration enforcement to the Holocaust.
The hearing climaxed with Rashida Tlaib having a complete mental breakdown, screaming “THEY’RE ARRESTING DISHWASHERS!” As if arresting dishwashers justifies protecting drunk drivers who kill American students. She ranted about corporations and detention centers while Katie Abraham’s father sat there, knowing his daughter would be alive if not for these policies.
James Comer exposed the big lie about needing legislation to secure the border. Trump secured it without any new laws—the “we need a bill” excuse was always a scam. Now it’s time for step two: deporting the criminals these governors protect.
This is what sanctuary policies really mean: dead Americans, grieving families, and governors who can’t look victims’ parents in the eye. Watch Gary Franchi expose every devastating moment.
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Day 7 of Sean Diddy Colms trial finished up today.
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Steve Tanabe, a former Bay Area police officer, recounts how he was wrongfully targeted in a massive criminal investigation, charged with multiple felonies, and ultimately served prison time—despite significant evidence of misconduct by federal agents and witnesses. His story reveals a deeply flawed justice system that, he argues, pursued him relentlessly over fabricated bribery and extortion claims tied to DUI arrests, ultimately costing him his career and reputation.
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U.S. Attorney General Pam Bondi has started and launched RICO case against Clinton Foundation and the Obama Foundation. About time.
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Chicago suburban man pulled over in Arlington Heights Illinois and at
Arrested for impersonation of a police officer. Scott Pierson was arrested after being pulled over by showing the arresting police officer is badge of a Park Ridge police officer and active blue and red police lights. He was taken into custody to the Cook County Sheriff’s Department Maywood Illinois lockup.
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Blackrock and other investors and fund money managers and institutions are forecasting the stock market could plummet 80% which will wipe out most Americans 401k retirement and pension account. It is the calm before the storm. I see the markets ate in a state of uncertainty and limbo by the way its extremely volatile. You don’t have to be an economic genius to see what’s happening in our economic climate both domestically and globally. Trump’s Department of Government Efficiency (DOGE) slashing tens of thousands if not hundreds of thousands of government jobs is shaking up the entire labor market and skyrocketing unemployment rate. Artificial intelligence is growing at an alarming rate, thus eliminating tens of thousands of white collar jobs. AI will shakeup the way we live, the jobs that will get abolished, and the new normal which is technology. Private busineses, companies of all sizes will get impacted by artificial intelligence and associated technology in the coming weeks and months. Believe me folks, artificial intelligence is moving at an alarming rate that it makes the twighlight zone realistic and major changes that will affect not just a few Industries but the entire free enterprise system. Unemployment can spiral downward in a major ways that will far exceed the Great Depression of 1929. Watch around you. Look at the housing market in Florida where Homeowners insurance and Homeowners Association fees are skyrocketing 50% to 300% in a short period of time. Look at the automotive markets. Besides auto loans yielding interest rates of 7% for prime credit borrowers to over 20% for borrowers with credit scores under 700 FICO. Beware folks. More doom and gloom on its way.
