The Incredible… Loan of the Month
The Incredible… Hard Money Loan
A local Mortgage Broker reached out to us about a client investor of hers who she couldn’t quite fit into loan approval bracket for conventional financing.
She was trying to purchase a rental in Petaluma which needed work – thus the loan qualification difficulties. We can do this loan!
We financed her with a short-term loan of $540,000 at a 59% loan to value. Everyone was happy when the entire transaction completed in just 17 days – from start to finish!
We work with many loan Brokers and Realtors, as well as Borrowers, who want to take advantage of the many benefits of Hard Money.
Email us back or call today (707) 523-2099 with your questions or scenarios.
The content of this blog contains general advice only and does not consider individual financial circumstances, desired loan amounts or existing real estate or lending transactions. This information is intended for licensed Real Estate Agents and licensed Lenders/Mortgage Brokers and is posted on our company website and specific blog sites with the express purpose of reaching such licensed individuals.