****  Large Private Hard Money Loans  ****

Money in Your Hands
 

Typical hard money uses:

Hard Money Help

• Land Acquisition & Development
  
• Building Acquisition & Rehab
  
• Investment Properties
  
• Emergency Cash-Out
  
• Quick Property "Take-downs"
  
• Low Loan-To-Value Loans
  
• Non-bankable Transactions
  
• Short-term "Flip" Properties
  
• Foreclosure or Bankruptcy Bailouts
  
• Self-employed or Cash-strapped Borrowers
  
• Any Short-Term Financing Related to Real Estate

• Commercial  -  Residential
  
• Land - Construction
  
• Bridge Financing
  
• Guide you step-by-step through the hard money process;
  
• Close your loan FAST, sometimes in as little as 2 days!
  
• Simplify your real estate investing - no more complex bank paperwork;
  
• Remove the earning "roadblocks" you face through conventional lending;
  
• Take your real estate career to the next level

A hard money loan is a collateral based loan against a hard asset - typically real estate - and is often referred to as private mortgage or private mortgage note. Unlike typical mortgage loans, hard money loans are provided by private sources (individuals and small lenders rather than large government or Wall Street backed sources). Hard money loans are often used if a person is having a difficult time getting approved for a conventional loan. The approval process for a hard money loan is usually much more streamlined than with a conventional loan because hard money lenders don't have to follow strict institutional lending guidelines, and because they look mainly to the collateral as security for repayment rather than the borrower alone.

Hard money loans can be used for both commercial and residential properties and, since private lenders use their own money, they are able to create their own flexible lending terms that will meet both their and the borrower's needs. Another advantage of hard money loans is that they are typically closed very quickly and with little documentation. Of course, since these loans are usually "outside of the box" and higher risk, the interest rates for hard money loans are usually higher then with a conventional loan.

Did you know that some...
1. Private hard money lenders accept cross-collateral, including notes and properties instead of down payments?
2. Offer "no-payment" programs where the loan does not require monthly payments and can be paid of at the end of 6 to 9 months?
3. Offer "interest-only" payment programs that reduce cash outlay?
4. Can process and complete a Loan Package approval and fund in as little as 24 to 48 hours?
5. Loan to real estate investors even with a bad-credit-rating, foreclosure and bankruptcy?
6. Loan to investor "rehabbers" for "fix and flip" properties for up to 100% of the purchase amount and some loan additional funds for rehab costs?
7. Do BOTH residential 1-4 unit non-owner occupied investment properties AND commercial income-producing properties?
8. Roll the costs of points and fees into the loan.
9. Have no limit on the number of investment properties you can own and have no "seasoning" requirements?
10. Offer "proof of funds" letters you can use with your real estate offers?
11.Make loans to LLC's and corporations?
12. The "top 300" private hard money lenders have loaned BILLIONS of dollars to real estate investors, nationally, regionally, and locally?

Although here are many different types of hard money lending programs, the following can be used as general guidelines for determining whether your deal would be appropriate for a hard money lender. Even if your deal doesn't match exactly to these guidelines, feel free to apply anyway. My hard money team will let you know if your deal makes sense for one of our many hard money lenders:

• Loans are usually up to 65% Loan-to-value (LTV) based off the After-Repaired-Value (ARV);
• 100% of acquisition/construction can be financed no problem;
• Both residential and commercial properties are OK;
• Low credit scores? No income? That's OK too;
• We welcome foreclosure/bank REO properties;
• Interest only and "no payment" options are available;
• All loans must be for business or investment purposes (sorry, no primary residences at this time);
• We can handle cash-out refinances of land or existing structures;

If you have any questions about your deal or hard money in general, please feel free to contact us, or you may simply complete the application below and either me or my underwriting team will contact you.