Looking for a Hard Money - Private Equity Loan ? Need to act quickly so as not to miss an opportunity. If your current credit, employment or asset situation won't allow you to get a conventional loan or you can't wait the typical 40 days to have your loan funded through conventional lenders - because you need your loan funded fast - consider a private equity or hard money loan.
Hard Money Loans
Private equity - hard money - loans are asset based loans placed with private investors who use their private money to finance or refinance real estate loans. Private equity hard money loans are based almost solely on the property value as apposed to conventional lending institutions which have strict underwriting guidelines for borrower credit, loan to value amount and real estate asset value.
Through years in the mortgage lending business we have seen all types of borrower situations were conventional lenders will not or can not accommodate the borrowers needs - due to credit issues, time frame issues or income and employment issues.
Private Equity Loans
In order to meet the needs of just such borrowers we have developed relationships with a number of private lenders that loan their private equity based on the secured asset value of your property alone. Private equity lenders typically do not require proof of income, they will loan based on your stated income and the value of your property or profitability of your project. |
