Unlock a world of possibilities, fulfill your future plans today
Hard money loans or Private Capital Mortgages are a particular kind of asset-based loan funding with which a customer gets funds secured by the value of real estate rather than based on income and credit. It offers the borrower an alternative to the common mortgage programs or conventional lenders. The most common use of these loans are with fix & flips and short term financing needs. The hard money loans that we offer are raised through small personal investors, hedge funds, and other private institutions.
Our hard money loans are not based on the borrowers credit worthiness but, rather, on the asset/property. Because of the risk taken by the loan providers, interest rates are usually higher than the average home loans. Our products have shorter terms and are normally for 6 months to 5 years, with interest only options and are not meant to be a long term financing solution.
Custom Mortgage Hard Money Loan Programs Include the following main program:
Residential Hard Money Loans
- 1-4 Unit Residential Properties including Condos, townhouses, apartment homes, and other unique properties.
- Minimum Loan Amount: $100,000.00
- Maximum Loan Amount: $100,000,000.00
- Minimum Property Value: 135,000.00
- Maximum LTV: 80%
- Loan Terms: 6 months to 30 Year Fixed
- Occupancy: Owner and Non Owner Occupancy
- Interest Rate from 5.99% – 15.99%
- Prepayment Penalty Options: None, 6 months, 1 year, 3 years, and 5 years
- Title: Individual or non living entities (Corp, LLC, Trusts, etc)
- Cross collateral transactions are allowed
- Blanket Loan options
- Rural properties are allowed
Small Balance Commercial Loan Program
- Loans from $250,000 to $5,000,000
- No upfront fees are required
- Rates Starting from 6%
- LTVs to 80%
- Same day term sheets issued
- No tax return programs for investors and business owners
- Property types:
- multifamily
- mixed-use
- office, retail
- warehouse, industrial
- mobile home parks
- self storage
- auto-service
- daycare
- restaurants
- bars
- and more
Fix and Flip / Fix and Hold
- Property Types: Residential and Commercial
- LTV up to 90% on Purchase and Rehab Funds
- Rates starting from 6.99%
- Loan Amount from 100k – 5 million
- No upfront fees are required
- Loans up to 48 months