We have been in the hard money lending business since the 1980s. If you are new to hard money loans, keep in mind these loans are very similar to bridge loans, but backed by a private lender.
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.
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We Provide Hard Money Loans, private money loans, Home Equity Loans, Commercial Loans. vacant land loans, Rehab Loans, FHA Loans, Mobile Home Loans, Home Purchase Loans, Home Refinance Loans,
Mortgages on certain mixed-use commercial and residential properties. which plans to buy non-QM loans from lenders. Perrin is working with non-QM lenders including some hard-money lenders that are.
. and provide lending capital to seasoned commercial real estate lenders through a Lender-to-Lender "Cost of Funds" lending model with built-in risk tolerances within the CMBS, Alt A, Bridge, and.
So-called "hard money,” which comes from sources other than banks. Every time I turn around there’s new entrants,” said Glen Weinberg of Fairview Commercial Lending in Evergreen, Colorado. While he.
About LIG Assets, Inc. LIG Assets, Inc., based in Dallas, TX, is a Company focused on residential and commercial real estate. Through its alliances with hedge funds, mortgage brokers, and hard money.
International Hard Money Lender List Contents Real estate investment Real estate hard money lender 801-692-7703 hard money loan rates bridge loans direct lender Interest rates of hard money loans are normally higher than bank rates. It can be two to six percent higher and in some cases even more. The overall notion is that if a borrower cannot obtain a. continue reading hard money lenders Interest Rates
Commercial hard money lenders are still lending in the post-Recession-era, but there are now more types of hard (aka private) money loans with varying degrees of documentation. Commercial No Income Verification Loan – New Program. No income and stated income commercial loans are making a little bit of a comeback in 2013.
Commercial Loans Looking to close quickly on a commercial loan? Wilshire Quinn finances commercial loans nationwide up to $10 million. As a commercial hard money lender, we are able to underwrite your project fast and get a pre-approval letter within about 24 hours and fund the deal within about 5-7 days.
Hard Money Loan Percentage Rates The property recently appraised for $1,350,000, giving the Wilshire Quinn Income Fund a total loan-to-value ratio of 60 percent on the transaction. Wilshire Quinn, a california hard money lender,