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You save money when hard money lenders compete for your business for a loan amount of $100, 000 to over $100 million. You get the money in 3 to 7 days, depending on the complexity of your loan request. There is no better way to get the money you need without any delays!
Hard Money Loan Basics
· These are higher risk loans that traditional banks won't touch
· Offered by private investors and companies
· Credit score is NOT a main factor in the decision-making process
· Real estate serves as collateral for this asset-based loan
· Loan Approval is based on the value of the property
· Fast Loan Funding in as little as 3-14 days
· Loans are available in both New York State and Across the Nation
Top 10 Reasons To Use Private Money Loans
1. Invest it and make even more money
2. Avoid a tax lien, foreclosure, bankruptcy, building violation, etc
3. Traditional bank has issued a denial
4. A time-sensitive deal needs quick funding
5. You want a short term bridge loan
6. Get fast money for your next real estate deal
7. You're a builder or dealer of 1-4 family properties
8. Perfect for Foreclosures, REO's or Short Sales
9. The commercial hard money loan process is easier
10. Banks have too much red tape
You Can Use a Hard Money Loan For:
Ø Residential or Commercial Property
Ø Construction
Ø Land
Ø Bridge
Ø Church
Ø Rehab
Ø Acquisitions
Ø Refinancing
Ø Flips
Ø Stop Foreclosure
Hard money loans are cheaper than missing out on a valuable or one-shot real estate deal. Contact us now to get more information or start the loan application process right now!