WHAT IS HARD MONEY? The Shortest Version….
Only TWO main qualifications for our loans:
- Equity or decent down payment.
- Ability to repay the loan.
- FAST Funding ability (many done in under a week).
- Loans up to $2 Million
- FICO not generally a factor (bad or poor credit – we can still help!)
- Up to 75% loan to value, case by case basis.
- Non-Owner, Investor, Commercial, Owner Occupied and Condominium financing.
- We have been in business 30 years and have still not run out of money!
Recently Funded Hard Money Bridge Loan:
A Loan Originator in San Jose reached out to us, in hopes we could help finance a Bridge loan for one of his clients. This particular Home Buyer was self-employed with difficult to prove income and he was looking to move his family to another city. He did not however want to sell their current house without buying a new home. He also wanted a fast loan that would help strengthen his purchase offer.
Within 17 days we were able to provide the $1.4million loan size needed to buy his new family home in Sunnyvale, Santa Clara County!
Give us a call today at (707) 523-2099 with any questions or scenarios. We look forward to helping!