BROOKLYN HARD MONEY LOANS

BROOKLYN HARD MONEY LOANS -- Perfect for Multi-Family, REOs, Foreclosures, Short Sales, Bridge Loan, Time-Sensitive Deals, Corporations, Reinvestment, Acquisition

Brooklyn, Queens, Station Island, Manhattan, Bronx

 

ü  Multiple Quotes

ü  Free Loan Application

ü  One Easy Form

ü  Fast Turnaround Time

ü  No-Obligation Process

ü  Loan Funds in 3 to 14 days

 

How Do Hard Money Loans Work?

  • Property Value.  The focus of a hard money loan application is on the real property value.  Not as much weight is placed on your credit score.  You can apply for a loan whether you have Residential or Commercial Property.
  • Collateral.  A private money lender needs to have collateral in place, which is your real estate.  The value of your property needs to support your loan request in order to receive an approval.
  • Loan Type.  Higher risk loans are common with private money lending.  Unlike a traditional bank, you are more likely to have a complex or large size deal approved with hard money.  These types of loans have fewer requirements and documentation, which means less red tape. 

 

TOP BENEFITS OF USING HARD MONEY LOANS

Quick Process -- When you apply for a hard money loan, you will get the opportunity to access a wide variety of private lenders who are ready to let someone borrow their money.  Since you do not have to use a bank, the entire process is faster and easier. 

Eager Lenders -- Hard money loan lenders can be made up of individuals, groups, trusts and companies.  Rather than earn a meager interest rate in a savings account or in the stock market, they prefer to take on more risk by letting you have access to their money.

Bigger Loans -- Banks are less willing to lend large amounts of money, so they make it very difficult for you to do so.  With hard money loans, you can borrow as much as $100,000 to over $100 million, which allows you to get the money you need to close on your big real estate deal.

Fast Funding -- Without the restrictions and delays of a traditional bank, the closing funds can be accessed in as little as 7 to 14 days, depending on the complexity of the loan.  There is no need to wait several months to wrap up your deal -- hard money loan lenders simplify the entire process.

 

Ways You Can Use new york hard money loans

Acquisitions [Apartments, Motels, Office Space, Golf Course, Church, Plaza, Retail Space, Land]

Cash Out

Construction/Renovation/Improvement

Flips

Foreclosure

Prevent Bankruptcy, Judgment, Foreclosure, Tax Lien

 

Get your hard money loan today!  Simply complete our easy loan application to get a quick response.

 


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Brooklyn, NY
Loan Amount: $1,250,000
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Loan Amount: $500,000
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