HARD MONEY LOAN PROGRAM
HARD MONEY LOAN PROGRAM
What are Hard Money Loans?
A Hard Money loan or Private Mortgage is a short-term, asset-based financing. Every hard money loan is funded by a private investor or a group of private investors. Most of these loans are short-term and last about 12-60 months. You make monthly interest payments, and the principal is paid with a balloon payment at the end of your loan term.
What can I expect?
Our Hard Money loan program uses private funds available to borrowers looking to purchase or refinance their residential or commercial properties. This loan program is a great alternative for investors who don't fit traditional loan crit Miami private mortgage lenders bridge loans eria. The documentation that is required to provide is limited and you avoid a long application process like with a traditional bank. This allows investors to close quickly and efficiently without any delays.
Loan Highlights:
- Up to 70% LTV
- Limited Documentation
- No country restrictions
- Recourse and Non-recourse options
- No Pre-Payment Penalty available
- Property Types: SFR, Condos, Condotels, Commercial, multifamily and land acquisition
- 12-60 month Fixed Interest Only options available