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Hard Money Bridge Loans

When your bank lets you down…we can save the day!   

Hard money loan advantages:

  – Easier underwriting 
  – Faster approval and funding

Banks require good credit and income to make sure you can repay your loan. You need a good loan payment history and low debt to income ratios for approval.

Hard money lenders don’t care about credit scores or ability to repay. They focus on the value of your collateral. They will sell the collateral if you don’t pay them back. Expect LTV’s from 50% to 65% so the hard money lender can quickly sell your property to be repaid.

When an apartment complex owner needs a rehab loan, banks often require the property to be 80%+ leased to make sure the borrower’s can repay the loan. Hard money lenders approve the loan because they understand a small rehab budget could fill the complex to full capacity.

Hard money loans are approved more quickly than banks becasues they don’t scrutinize your loan application, income statement, bank statements, etc. because their focus is on the value of your collateral.

Since the approval process can be quick, you can close deals quicker than your competition – which is important when trying to secure a popular property with multiple offers.

Is a Hard Money Loan Right for You?

Terms are shorter and interest rates are higher. Hard money loans make sense if you need short term funding for purchasing a run-down property, renovating it and selling for a profit or when you need temporary financing before securing more permanent financing.

To get started, please click blue Hard Money Bridge Loans for FREE PRE APPROVAL LOI within 48 business hours. With a few clicks of your mouse it TAKES LESS THAN 6 MINUTES to submit your loan request. No credit cards, Social Security Numbers or credit checks are required.

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