- Hard Money Sources

NATIONWIDE HARD MONEY, PRIVATE & NON-QUALIFIED MORTGAGE SOURCES

Submit one inquiry – connect to multiple nationwide funding sources.

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.

We offer over 20 lending programs including:

No income verification and non-prime consumer mortgages
Owner occupied non-qualified (non-QM) mortgages
Foreign nationals’ single family and foreign nationals’ investment property mortgages
Commercial real estate loans
Fix & flip and fix & rent loans
Single-family rentals and rental portfolio loans
New construction and redevelopment loans
Terms ranging from short term 12-month loans to long-term 30-year loans
Loans starting at $75,000
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 from a traditional mortgage?

A hard money loan, sometimes called a bridge loan or a private loan, is a loan that is secured by a hard asset, such as residential or commercial real estate. When making a lending decision, a hard money lender is mostly concerned with the value of the property being used as collateral, as opposed to the borrower’s credit score or other factors. Unlike traditional bank lenders, hard moneylenders are more flexible with lending requirements, such as down payments, credit scores and income verification.

Do I need a down payment?

What is most important to the lender is the loan-to-value (LTV) ratio of the property being financed. The LTV is a financial term used by lenders to express the ratio of a loan to the value of an asset purchased. Lenders require a minimum of 10% down payment of the purchase cost. The down payment required for each loan program is discussed in greater detail, below.

Do I need a good credit score?

Most lenders do not require a good credit score or income verification. Some lenders will accept bank statements or other financial records if income can’t be verified.

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

No income verification, non-prime and non-qualified (non-QM) mortgage: owner occupied

For the borrower who can’t verify income or the borrower with less than perfect credit.

LTVs up to 90% on owner occupied residential (10% Down)
LTVs up to 80% on owner occupied business/commercial (20% Down)
Sub 600 FICO

Lenders might require alternative documentation, such as P&L statements or bank statements

Foreign nationals

Foreign nationals with or without U.S. permanent residency
From $100K homes to $10+ million luxury properties
Owner occupied homes, vacation homes, residential and commercial investment properties
No FICO, social security number, Green Card or visa required
Owner occupied homes, vacation homes, residential and commercial investment properties
Up to 85% LTVs with an Individual Taxpayer Identification Number (ITIN) and other documentation (15% Down)
Up to 75% LTV without Individual Taxpayer Identification Number (ITIN), tax records, FICO or income verification (25% Down)

Fix to rent loans & fix and flip loans: non-owner occupied

Single-family, condos, town-homes, multifamily
$75K – $2M
Up to 90% of the purchase and up to 100% of rehab costs (10% Down)
Renovation financing available
Must be non-owner occupied
Nationwide lending

Rental portfolio loans

5+ rental properties
$500K – $100M+
Up to 80% LTV for rehab and 75% LTV for currently leased
5, 7, 10, 30 year terms
Non-recourse options available
Leased portfolio
Nationwide lending

Credit lines

1-500+ properties
Single-family, 2-4 units, condos, town-homes, multifamily
$100K – $50M
Up to 90% of assessed value
Fixed and floating rate options
Renovation financing available
Nationwide lending

Construction loans

Single-family homes to larger, multi-family properties
Up to $5M
Redevelopment, conversion and condo loans
Up to 85% of project cost
Nationwide lending

Commercial loans

Office buildings, retail stores, warehouses, self-storage buildings, automotive repair shops, hotels and motels
60% to 75% LTV
A simple financing solution on a purchase or cash-out refinance
Flexibility to remain in the loan for up to 30 years
Lower monthly payments than a traditional hard money loan
A 3-year or 8-year fixed term amortized over 30 years

No Application Fee – No Obligation – 100% Secure

One Inquiry- Multiple Lending Sources

Name *

First

Last

Email *

Telephone Number *

Broker's Name - If submitted by a broker

Broker's Tel - If submitted by a broker

Broker's E-Mail - If submitted by a broker

Property Street Address (required)

Property City (required)

Property State (required)

Property Zip Code (required)

Estimated Credit Score - If Known

Purchase Price - If Known

Estimated Rehab Cost - If Known / If Applicable

Estimated After Repair Value - If Known / If Applicable

Estimated As Is Value - If Known / If Applicable

Down Payment Available (Please note that lenders will require a minimum 10% down payment of the purchase cost)

Please check one box that best describes your loan

Please specify reason for the loan.

Website

Successful Loan Applications

340

No Income Verification / Sub 600 FICO

214

Foreign Nationals

163

Fix & Flip Loans

156

Rental Loans

Credit Lines

Construction Loans

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