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Real Estate Hard Money

Real estate hard money

HARD MONEY

For the following loan purposes: Acquisition, Raw Land, Bridge Financing, Construction, Bankruptcy Discharge, Refinance, Equity Recapture, Pending Foreclosure, and Poor Credit / Late Pay etc. will be considered

after approval, fast funding in days, when needed, on any type of commercial and non owner occupied residential real estate project.

credit challenges not a problem, all requests will be considered.

loan amounts: $50,000 to $100 million per project.

PREAPPROVAL

Loan decisions can typically be made within 24 hours from the receipt of the required items and documentation needed by underwriting

after loan approval and depending on the attorney's time to draw up the loan agreement/contract.

funding can generally occur within 3 to 7 days subject to approval

  • Loan Terms 1 to 60 months
  • LOAN TO VALUE Up to 50% on land and up to 70% or more on improved real estate
  • Interest Rate from 7.99% to 15%
  • Loan Points Points can range from 3 to 10, depending on the specific property, the borrower’s credit and the loan amount
  • Prepayment Penalty None
  • Terms The funding parameters, specific terms, timing, and costs will be based on the business analysis and overall risk assessment, strength of the project and the Principals