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A loan from a private lender is an asset-based loan secured by real property. Because the loan is secured by the value of the property, income verification and credit scores are not usually the primary deciding factors in credit extension.

  • Terms ranging from short term 12-month loans to 30-year loans
  • Loans starting at $75,000
  • No income verification loans
  • Asset-based lending with minimal credit score requirements
  • Rates starting at only 4.99% for longer-term loans
  • Interest only loan options

How is a hard money loan or a private loan different than a traditional mortgage?

A hard money loan is any loan secured by a “hard asset” like commercial or residential real estate. It is sometimes called a bridge loan or a private loan. A hard money loan is a first mortgage on investment real estate. A hard money lender looks to the property as the primary collateral as opposed to the borrower’s credit score or other factors. Unlike traditional bank lenders, hard money lenders are more flexible with lending requirements such as down payments, credit scores, and income verification.

Do I need a down payment?

Some commercial lenders will extend a line of credit without a down payment, while most residential lenders will require a down payment. What is most important to the lender is the loan-to-value (LTV) ratio. The LTV is a financial term used by lenders to express the ratio of a loan to the value of an asset purchased. Most lenders will require a 10% to 15% down payment of purchase cost while financing 100% of the rehab cost. The most that a borrower can realistically expect is 90% LTV from a hard money lender. The LTV (Loan to Value) is based on the current purchase price or current assessed value, whichever is lower.

If you have a Fico credit score of over 680 and you can verify your income, we have a lending partner who might extend a no collateral personal loan of up to $100,000 that can be used as a down payment. Click here to learn about our zero down payment loan program.

Do I need to have a good credit score?

Most lenders do not require a good credit score or financial records. In the rare cases where the lender does not require a down payment, then that lender will demand financial records. Lenders sometimes change their requirements as they establish a relationship with the borrower. If a borrower is a repeat borrower with a good history, then the lender will often offer better terms.

Should I pay a lender an application fee?

You should not pay a lender an application fee and our lending partners do not charge an application fee. A legitimate lender should examine an application without requiring a fee.


Loan Programs

Fix and Flip Loans – Nonowner occupied

  • Individual projects
  • Single-family, 2-4 units, condos, town-homes
  • $100K – $15M
  • Up to 90% of cost / Up to 90% of rehab cost
  • Fixed rates
  • 12-36 month terms
  • Purchase or refinance
  • Renovation financing available
  • Nationwide Lending

Rental Loans

  • Individual rental properties
  • Single-family, 2-4 units, condos, townhomes
  • $70K – $2M
  • Up to 75% of value
  • Fixed rates
  • 30 year term
  • Purchase or refinance
  • Nationwide lending

Rental Portfolio

  • 5+ rental properties
  • Single-family, 2-4 units, condos, townhomes, multifamily
  • $500K – $100M+
  • Up to 75% of cost
  • Fixed rates
  • 5, 7, 10 year terms
  • Non-recourse options available
  • Leased portfolio
  • Nationwide lending

Credit Lines

  • 1-500+ properties
  • Single-family, 2-4 units, condos, townhomes, multifamily
  • $100K – $50M
  • Up to 90% of cost
  • Fixed and floating rate options
  • 18-24 month terms
  • Revolving credit options available
  • Renovation financing available
  • Nationwide lending

Construction Loans

  • For the investor who owns an investment property fully free-and-clear and is in need of capital for construction.
  • Loan to ARV: 70%
  • Term Length: 13 months

No Application Fee – No Obligation – 100% Secure

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