Hard Money Equity Lenders
Russell has none of these restrictions.
Hard money equity lenders. We will quickly review your loan request and give you an answer you can rely on. The interest rates on hard money loans are typically higher than the rates charged for traditional business loans. That collateral reverts to the hard money lender if the borrower defaults and the home eventually go to foreclosure. Hard money lenders houston tx ellis equity lending in houston tx provides various kinds of loans for individual clients and large businesses.
The qualifying process focuses on the equity in the property only. Sunset equity funding is a nationwide direct private money and hard money lenders based in los angeles ca. We analyze every deal on a case by case basis and approvals are based on the condition and location of the property and the investor s particular needs. Real estate is an excellent vehicle to secure a hard money loan providing the property in question has equity.
Our goal is to make the process of getting a loan fast to make it affordable and to create a solution for your financial problem. Located in new jersey hard money mobile llc provides private money loans to brokers and borrowers for equity in commercial real estate. A hard money lender determines the value of the property through a bpo broker price opinion or an independent appraisal done by a licensed appraiser in the state in which the property is located. Call 1 888 477 0444 or apply online.
Common sense hard money lending if the loan is for a business or investment purpose and you have sufficient equity in the securing asset s coupled with an exit strategy we will fund the loan. Hard money financial specializes in equity based first mortgages to investors. As opposed to personally qualifying the borrower. We have more than 40 years of experience in the industry so you can trust that we are knowledgeable about the services we offer.
These loans are primarily used in real. As a direct hard money lender gregory m. Little to no attention is given to your credit score. We offer competitive commercial financing programs for real estate investors.
Get in touch with us today for more information. Hard money loans are considered loans of last resort or short term bridge loans. Hard money equity loans in the prevailing market are loans at a premium mortgage rate to the borrower in exchange for a no red tape 2nd mortgage loan. A hard money loan is a type of loan that is secured by real property.
The lendee for whatever purpose they chose so long as the equity in the property or collateral provided is sufficient to cover the loan may use the money.