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Posted almost 7 years ago

New to Hard Money Lending?

Hard money lending doesn't have to be so hard! 

It is simply an alternative way to achieve funding for investment properties without having to jump through all the hoops of going through traditional bank. A hard money loan is a short-term loan, typically around 12 months but can range anywhere up to 5 years depending on the unique situation. They are funded by private investors and are perfect for short-term investors such as buy-fix-'n'-flippers who purchase, renovate and sell a property all within twelve months. It can also be wonderful for long-term investors who decide to hold onto a property and use it as a rental.  The rates can range anywhere from 7-12% and lender fees from 1-10% depending on loan value/term and situation. If you want less restrictions and faster closings than a loan through the bank, then a hard money loan is right for you! 

Give us a call today and we can help find the right program for your investment! 


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