Our Hard Money note rate averages 12% interest only. However, we have some investors who will lend hard money at longer terms and lower note rates about 9.9% , for the right collateral. Good Commercial/Residential properties in Southern Calif. While the banks turn down loans, we want them, although the LTV needs to be arount 60%. We can lend up to 5M. There is a lot of hard money available, for the better borrowers, who happen to need hard money now. This due to the tightening credit crunch the banks are dealing with. These can close within 10 days. Fast approval. So if you need large hard money loans at low rate give us a call.
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Large Hard Money loans at low rate
posted Thursday, September 11th, 2008Hard Money-Bridge Loans-Fast and Simple.
posted Thursday, September 11th, 2008If you have equity in your commercial building we have simple, fast process to get you the cash you need with our hard money bridge loans. These are short term hard money, private investor funds. For quick purchase money or if your property is listed,to buy you time to sell, the hard money bridge loan is the answer. New construction take-out hard money bridge loans available. We will take 1st or 2nd position. Minimum $200 to 5M. Our hard money underwriting for these short term loans is up to 65% Loan to Value.
