How To Qualify For A Hard Money Loan

A hard money loan is a specific type of asset-based financing where a borrower receives funds secured by equity in real estate. A hard money lender like Source Capital is mainly focused on the equity in real estate as opposed to borrower credit and financials. Our hard money loans are used for projects lasting anywhere from one to three years.

Interest rates for hard money loans range from 10 – 15% depending on the specific lender and the perceived risk of the loan. Points can range anywhere from 2 – 4% of the total amount loaned. The interest rates and points may vary greatly depending on the loan to value ratio.

IN order to expedite the hard money loan application process you can pre-qualify today. Fill out the information on this page to pre-quality for a Maryland hard money loan and then follow the instructions for submission.

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Hard Money Loans | Florida's #1 Private Money Lender | Hard Money Lender. Other eligible properties include: Self storage, senior housing, marinas, parking.

If you have a small-business loan, you might be wondering if you can refinance it. Business loans, like most other loans, can often be refinanced — meaning you get a new and ideally better loan to.

You need to be smart about how you borrow so you don’t end up with a costly loan that’s too hard to pay — and so you don’t put. Home equity loans and personal loans both allow you to borrow money.

Well you’re in luck. you can apply for free in just minutes and get all the preliminary details like loan amount, cash-to-close, loan costs, and more. Then you can decide to move forward. We are are hard money lender that wants your business, wants to be your long term hard money loan resource.

Hard Money Borrowers [Apply For A Loan Today] | Source Capital – A hard money loan is a specific type of asset-based financing where a borrower receives funds secured by equity in real estate. A hard money lender like Source Capital is mainly focused on the equity in real estate as opposed to borrower credit and financials.