We facilitate hard money rehab loans and funding to real estate investors on their rehab project.. General Guidelines : – Credit Scores Of 620 or Higher: Lend Up to 100% of the purchase Price & Up to 100% of the repair cost. LTV: Up to 65% of the After Repair Value.
Hard money is the easiest way to finance a rehab loan. Our rehab, or fix and flip, loans can be used to purchase a home, fix it up, then sell it or rent it out. Unlike most lenders, we help fund the repair budget. When the loan is closed, an escrow account is set up for your loan.
RCN Capital is a national, direct private real estate lender that specializes in providing short-term, hard money loans to real estate professionals.
Hard Money Lenders: Investment Residential- Commercial- Fix & Flip- Rentals- Rehab Loans- Construction- bridge loans hard money bankers is a full service and self-funded private/hard money lending company providing fast and flexible financing for residential and commercial investment real estate deals.
Hard Money Equity Loans Consider a Private "Hard Money" Loan For borrowers with less than traditional bank qualifications, we provide real estate loans at competitive rates, based primarily on equity. As a direct portfolio lender, Stonecrest can get you the cash you need, when you need it, with terms that work for you.
Hard Money Rehab Loan Rates & Terms. Interest rates on hard money rehab loans generally run between 7.5% to 12%. While these rates are higher than conventional mortgages, they reflect the additional risk inherent in rehab projects and the short expected loan duration.
Hard Money Rehab Loans in Jacksonville, Central Florida & New York – Call Today! Hard Money Rehab Loans. Bridge Lending Group is manned by a team of private real estate lenders bringing hard money rehab loans to high-profile developers in Jacksonville, Florida. The term hard money loan was once affiliated with predatory lenders. Today, as the.
Rehab Financial's loans can work for you. Let us help in your next rehab project or house flip!
Our Programs If you’re looking for a team of detail-oriented, customer-focused mortgage professionals, come to Creative Hard Money. Our friendly and knowledgeable staff will work with you each step of the way, from the application process all the way through closing.
What Is Hard Money Another important risk to consider when using hard money, or other people’s money for that matter, is your lender not performing. This is a real risk (sadly, one often overlooked by borrowers), and one in which you have very little control.
Hard money loans make the most sense for short term loans. Fix-and-flip investors are a good example of hard money users: they own a property just long enough to increase the value – they don’t live there forever. They’ll sell the property and repay the loan, often within a year or so.