Residential Hard Money Loans
RESIDENTIAL, MULTIFAMILY, COMMERCIAL & INVESTMENT PROPERTY LENDING
Residential Hard Money Loans
Residential Hard money loans are designed for investment properties only. Popular with Real Estate Investors. These are business purpose loans which include: loans to purchase, repair, or improve real property for use in the Borrower’s business — to acquire, improve, or maintain certain non-owner occupied rental property, to purchase, improve, or repair equipment, machinery, fixtures or furnishings used in Borrower’s business, for operating capital (e.g. Employee salaries) or to purchase or pay for business inventory; supplies, rent, taxes, insurance, and other related expenses — or to pay off, refinance or consolidate business debt.
The most popular of these types of loans are Fix & Flip Loans. We have programs that will provide you with up to 100% of the purchase price and 100% of the costs to rehab the property.
Residential Hard Money Loan Loan Advantages
- Leverage the Bank to Maximize Investment Returns.
- Loans Up to 75% LTV
- Fundings in as Fast as 5 Business days
- Loan amounts $75,000 to $10,000,000+
- Same Day Approvals
- No Appraisal required on Low LTV
- Bad Credit OK
Residential Hard Money Loan Property Types
- Non-Owner Occupied
- Single-Family, Condos, Townhomes, ADU Conversions
- Mixed-Use
- Multi Family 1-4 Units
