Hard Money Loan
What do we offer?
We provide hard money loans to help our clients buy and renovate investment properties. We base our loans on the after repair value of your property. If you decide to keep the property, we can refinance your loan and move you into a long term fixed rate conventional investment mortgage loan.
How Fast Can We Close on a Hard Money Loan?
Close in 5-7 business days typically
Is Cash Out Allowed?
Cash out is not allowed during the initial property acqusition & renovation process but we do have options to allow you to refinance your property and take out cash after your renovation is complete.
What is our Minimum Loan Amount?
$50,000 is the minimum loan amount
What are our Hard Money Loan Parameters?
- Credit score 650
- 90 day bank statements w/ $15,000 liquid
- Up to 70% of ARV (75% for rental)
- SFR and 1-4 unit only (no condo/townhomes)