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Loan Criteria
Typical Candidates are borrowers with equity in Real Property
that exceeds the loan value, but who cannot qualify because
of poor credit, high debt-to-income ratios or who need
money too fast. Clients often seek hard money loans when
they need cash quickly, and cannot wait or qualify for
a typical Bank loan. Our lenders will fund the purchase
and refinance of single and multi-family residences, residential
income property, churches, strip malls, mixed use, leisure
(golf courses, marinas, RV parks, historical buildings,
hospitality: hotels, motels, industrial buildings, land,
ranching and farms. Income producing, restaurants, shopping
centers, self storage and other special properties.
Loan
Characteristics:
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Borrower
Types: |
- Security: 1st and 2nd
- Funding Time Frame: As
quickly as possible
- Loan Size: 100k to 100m
- Loan Term: 6 months to
30 years
- Lending Geography: Nationwide
- Primary Qualifier is equity
in Real Property
- Will consider cross-collateral
loans
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- Poor Credit, No credit
- Self Employed
- Limited Doc's: State income
- Non-resident Alien
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Lending Programs: |
Loan Types/ Purpose |
- UP to 90% LTV: Refinance
- UP to 90% LTV: Purchase
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- Foreclosure
- Cash-out refinance
- Construction
- Bridge Loans
- Fast closings
- distressed properties
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