The Hard Money App specializes in equity-based first mortgages to investors.
The qualifying process focuses on the equity in the property only. As opposed to personally qualifying the borrower.Maintaining the highest level of personal and corporate credit ratings We analyze every deal on a case-by-case basis and approvals are based on the condition and location of the property and the investor’s particular needs. We are a hard money lender here to serve your investment borrowing needs.
Our specialty is non-owner occupied residential or commercial property. There are no personal qualifying requirements because our loans are equity-based only. This means we can close quickly and hassle-free.Previous operations have been sold to large publicly held corporations. Both men are committed to maintaining the highest credit ratings and adhere to all lending regulations. Their companies have always maintained a very positive reputation in the financial community.
- We have professional team
- Complete Online Application
- Phone Consultation
- Settlement Scheduled
What is a Hard Money Loan?
A hard money loan is a loan from a private lender backed by a tangible asset like real estate. These loans usually have shorter terms and higher rates than traditional mortgages. A hard money loan is a loan from a private or non-traditional lender. The asset being purchased is used as the collateral for the loan, reducing risk for both the borrower and lender. If you are interested in learning more about hard loans or our hard money loan requirements then reach out to our experienced associates. The requirements for hard money loans can very depending on the type of project and the experience of the client.
How Does a Hard Money Loan Work?
A hard money loan is a way for you to borrow money for real estate without using traditional mortgage lenders.Instead, the funds come from individuals or investors who lend money based primarily on the property you’re using as collateral. Traditional mortgage loans require proof that you can comfortably repay the debt. Lenders often review your credit scores and any income available to evaluate your creditworthiness. If you have plenty of income, savings, or can get another collateralized loan you might not need to worry.
Your information is always safe with us.
How Much We
The Hardmoney team has experience lending for a wide variety of different building structures and building types.
A fix and flip loan is great for those who are in need of the capital to purchase a home with the sole purpose of remodeling and selling the home.