We work differently from traditional lenders.
Our private hard money loans fund transactions banks and credit unions can’t touch with a ten-foot pole: those requiring speed, underwriting flexibility, loan customization, and personal service.
- They have a stuffy bank loan committee. We don’t.
- They follow Fannie Mae, Freddie Mac or FHA guidelines. Our private mortgage loans don’t.
- If you cannot verify your income or have a low credit score, you are out of luck. Not with us.
- They take over a month to close. As if a well-priced distressed property would wait so long!
We are a hard money lender that offers unparalleled leverage for your next rehab.
To leverage something is to use it to its maximum advantage. Financial leverage uses debt to acquire assets you otherwise might not be able to afford and multiply profits as a result. You might be an experienced investor who has all his or her cash tied up in other projects. Working with a hard money lender allows you to grow your business even if your own money’s deployed somewhere else. On the other hand, you might be new to real estate investing and only have modest capital to invest. This capital is not enough to buy and rehab a property, but by working with a hard money lender you can effectively compete with all-cash buyers.
We offer competitive pricing based on experience.
We are a local hard money lender with an eye on your success. We get it: for you, success means whether you’ve made enough profit to compensate for the time and effort you’ve invested in the deal. We help you keep your costs down by offering one of the most competitively priced private loan structures in the area. In addition, those borrowers with documentable previous rehab experience qualify for further reductions and discounts.
We are a hard money lender that underwrites with your success in mind.
We lend our own money, so of course, we want you to pay it back. But this isn’t enough. We want to make sure that you will make a profit. During our hands-on underwriting and servicing process, we help set realistic expectations, develop construction time schedules and avoid common pitfalls. If all the advanced planning results in an early payoff of your private loan, we will cheer you on! You save months in interest and will be ready to deploy your energies on the next successful project.
If you like our pricing, wait until you experience our loan servicing.
Successful closing on your fix-and-flip is just the first step in the process. Next, you will be embarking on a rehab project that will last for months. Is your hard money lender a true partner pushing in the same direction as you? Or are they another vendor you need to chase, harass and cajole to do what they’re only supposed to do? With us, you are guaranteed to have the same level of service and attention you did prior to your loan closing. You will work with the same underwriters and will have the same access to the decision makers. As a borrower of a local hard money lender, you will benefit from our deep knowledge of the local markets, multiple boots on the ground and the lack of bureaucracy. We are fast, flexible and creative and with us, you will be too.
How do you get pre-approved with us? It’s quick, simple, and free.
Even if you don’t have a particular property in mind, you might want to get pre-approved for a loan. Why? First, you might want to find out how much of an investment property you can afford to buy. Knowing your price ceiling helps focus your search on a particular type of home and on particular geographic areas. You also might want to find out what interest rate you qualify for. Last, but not least, to start making offers, you will need a proof of funds letter. Proof of funds is a document that states that you’re pre-approved for a hard money loan with a reputable private lender. Our proof of funds letters are considered cash offers, so you can effectively compete even with the most well-heeled investors.
We typically issue pre-approvals within 24 hours. There is never an application fee.