DC Hard Money Loans From DC’s Leading Hard Money Lender WE PROVIDE AN EASY APPLICATION PROCESS, FAST APPROVALS AND TRUE VALUE TO HARD MONEY BORROWERS If you are looking for a hard money loan in Northern Virginia – at Congressional Capital, we have establised a Northern Virginia hard money lender specific platform – check us out.
Hard Money Land Loans Whether you’re trying to finance an investment property, a new home, or save the home you’re in, a hard money loan from a private lender uses real estate as collateral and may help you when a bank won’t. A hard money loan is similar to a bridge loan – however, a.
Hard Money Loan Terms. Loan Amount: $250,000 to $5,000,000. Loan Terms: 6 months to 3 years. LTV ratio for income-producing properties: Up to 65%. LTV ratio for commercial land with entitlements: Up to 60%.
Montegra’s Hard Money Lending Process: Step 1: Submit a loan request/application in one of three ways: apply online for a private capital. Step 2: Explain your loan request and provide any necessary supplemental material. Step 3: If the loan meets Montegra’s hard money lending requirements,
HARD MONEY LOAN PROCESS. As real estate investors ourselves, we understand that closing deals is time-sensitive. Our streamlined hard money loan process typically takes 5-10 business days from Custom Rate Quote to loan funding. For repeat borrowers this time is reduced.
1. the hard money loan contract to be executed by the real estate investor outlining the terms of the hard money loan. 2. a loan agreement to be executed between the hard money lender and the private lenders, who are interested in providing the seed capital at a set rate of interest.
Loan terms: hard money loan terms are usually 12 to 36 months; many lenders don’t have prepayment penalties for early repayment. Qualifications: Most hard money lenders require a minimum credit score of around 550, and place most of the qualifications on the property itself as well as the investor’s background and experience.
The Best Private Money Lender – If You’re Not Using US, You’re Paying Way To Much – Your Hard Money Company – Commercial, Fix&Flip, Rental, Investment Property, Multi Family, Cash Out, Bridge Loans, AirBNB Loans – Starting at 5.99%* Yes we can do your loan!
Hard money has its place for certain borrowers who cannot get traditional funding when they need it. Speed: because the lender is mostly focused on collateral (and less concerned with your financial position), hard money loans can be closed more quickly than traditional loans.
Arizona Hard Money Lenders We are hard money lenders in Arizona that are extremely trustworthy, efficient, and experienced. If you need hard money for your next commercial property acquisition, construction project, fix and flip, or buy and hold property in Phoenix let us work with you!