Get the lowest Hard money loan rates and the most favorable terms
...by making Hard money lenders compete for your business
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- All types of residential properties are OK
- Single Family, Multi-unit rehab deals are OK
- Bankruptcy, Foreclosure or Bad Credit is OK
- Any other challenging situation is OK
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If you have ever tried getting a hard money loan, you
know how big of a challenge it is. You get very high rates and extremely unfavorable terms from the lenders
you approach. Ultimately every hard money lender with whom you apply
fails to deliver
a loan with reasonable rates and terms....leaving you with no option but to walk
away from the deal. |
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How can we offer the best rates and terms...
...while other Hard money lenders cannot ?
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We have solved this problem by creating a nationwide network of hard money lenders.
When you apply on our website these lenders compete for your business. As a result,
they are forced to offer you the best hard money loan rates and best available terms
for your situation.
In addition, you save time and avoid frustration by working with only one hard money
lender, the one who is offering you the best rates and terms.
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As long as the numbers on the deal make sense...
...Our hard money lenders will loan you the money
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Bad credit is perfectly OK with our hard money lenders. All our lenders care
about is the feasibility of the deal to ensure that they are going to get their loan paid
back. If your exit strategy is sound and the deal is feasible,
our hard money lenders will give you a loan ignoring most other factors. Our lenders
will make hard money loans in
the following situations when other lenders may not:
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- Bad credit or No credit... is OK
- Self-Employed...is OK
- Recent or prior Foreclosure...is OK
- Recent or prior Bankruptcy... is OK
- Recent or prior Divorce... is OK
- Not Enough Down Payment... is OK
- Can't Afford Closing Cost... is OK
- Prior Collections...is OK
... or any other challenging situation... is OK
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You can close on your hard money loan...
...In less than a week
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Our lenders offer hard money loans in all 50 states. Applying for
a hard money loan with us is easy as 1, 2, 3...
- Apply online... You apply using our online hard money
loan application.
- Get a quote online... We get you the best available rates
and terms for your situation.
- Close on the loan... You complete the paperwork and close
on the hard money loan
To get started with our hard money loan company, please fill out the following information:
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Types Of Residential Hard Money Loans Available:
Hard Money Loans for Acquisitions
Loans to acquire commercial or residential real estate are available from our hard money lenders.
Hard Money Loan for Acquisition & Development
Loans to both acquire and develop real property are available from our hard money lenders
Hard Money Loans for construction or rehabbing/remodeling
Our hard money lenders will make loans both for new construction from ground up or for remodeling / rehabbing of an existing piece of property. Funds are generally placed in a construction escrow account to disburse the funds as the construction progresses.
Bridge Hard Money Loans
Our hard money lenders will make bridge loans in the following situations:
- Acquisitions
- Buy-Outs
- Foreclosures
- Cash Out
- Construction
- Commercial Property
- Apartments Buildings
- Hotel / Motel
- Office Buildings and Complexes
- Golf courses, and almost all commercial businesses.
What is a bridge hard money loan? A bridge hard money loan is a loan used for a short period of time until a permanent loan or financing is put in place. Bridge hard money loans are handy in timely acquisition of property or business opportunity where the need to act fast is of essence.
Other types of hard money loans
Our hard money lenders are open to other types of hard money loans which will be evaluated on a case by case basis.
Our company has been successfully making bad credit home loans for a long time. In fact, most of our clients have been rejected by a traditional mortgage company. So if you have been rejected before, don't wait to take advantage of our bad credit home loan program.
To start a hard money loan application with our lenders please fill out the following information. |
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What are hard money loans?
A hard money loan is a short term loan where the borrower receives funds based the value of the underlying piece of real estate. Hard money loans are financed at much higher interest rate than conventional residential and commercial real estate loans.
In what situations are hard money loans useful?
There are many situations where hard money loans can be useful. However, most of the time they fall into the following categories:
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Situations where quick access to money is needed. i.e. somebody in a distressed financial situation such as bankruptcy or foreclosure.
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Situations where conventional lenders and banks won't lend. i.e. a distressed property in need of rehab
Who are hard money lenders?
Hard money lenders are financing companies who specialize in hard money loans. Hard money lenders loan money on projects that are unconventional, or where funds are needed quickly. Unlike conventional lenders, hard money lenders usually close on the loan in less than a week. In almost all situations, hard money lenders will require first lien position on the property which acts as a collateral. Most of the time hard money lenders overlook credit scores and proof of income if the lender thinks that the exit strategy is sound, feasible and profitable.
How do hard money lenders get paid?
Hard money lenders get paid by charging points on the total loan amount. e.g. If a hard money lender is charging 5 points, that means the points charged is going to be 5% of the total loan amount borrowed. Hard money lenders also get paid by charging higher than usual interest rate. |
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