Hard Money Loans

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Hard Money loan will be settled by your commercial properties. For lending the money, it follows some simple and easy steps and allows you to handle the whole situation with absolute effortlessness. Unlike the others, this loan is quite easy to get but one need to secure the money with the commercial property. While there is no prepayment penalty added to the terms and conditions of the loan, the purchaser can throw out the stress of hazardous scenarios like arrears on existing mortgage or where foreclosure proceedings occur.

Rapid Funding of Loans

Flexible Term Structure

No Prepayment penalties

Lending Guidelines

PROPERTY TYPE:

All types considered: 
• Multifamily
• Condominiums
• Office
• Mixed-use
• Retail
• Warehouse
• Industrial
• Hospitality and land.

TERMS:

1 to 3 year loans with extension options.

INTEREST RATE:

From 9% interest only

LTV:

Up to 75%

FEES:

From 3%

USES OF PROCEED:

• Acquisition
• Restructuring
• Discounted payoffs
• Purchase of notes
• Property improvements
• Construction.

CLOSING TIMES:

As soon as 10 days