LOAN PROGRAM SERVICES
Most often than not, people get stuck on the direction to take to borrow money to fulfill their major needs or investments. Borrowing money from the bank may prove futile to many people yet they lack knowledge on availability of Hard Money Loans and how to access them. We take our time to clarify to our clients all that pertains to hard money loans. We only encourage those interested to contact us through phone or email in order to get fast hand and full information about our services with regards to hard money loans.
We have the capability to offer hard money loans in the following areas:
- Purchase of property
- Refinancing of an existing hard money loan
- Hard money loans for Fixing and Flipping Projects
- Real Estate Investors for both complete rehab, remodeling or buy and hold property investors for real estate diversification.
We have FIVE steps to follow while applying for our Hard Money Loan:
- Make your initial application. This may be done either after calling us through the phone, chatting with us or sending us an email. The process involves property assessment to determine your net worth. One of our experts will interview you on your mortgage choice, guide and advise on the best program that suits you. This is after taking into consideration your ability to repay the loan.
- Provide detailed information about the collateral property. Our experts will verify the property condition, review and estimate its value based on some parameters like rent, size, location etc.
- Credit Review is then carried out based on Equity and not your past financial status or credit score. However, we have to investigate the presence of liens on the said property. We also do our research to find out existence of other loans or debts.
- After reviewing of the property provided, mortgage underwriters will do their work depending on the loan type chosen. An extensive research will be carried on the property. A preliminary mortgage approval will then be provided after the verification of the collateral, any existing debt and any document or item required to enable loan processing to commence.
- The final stage involves closing of the loan process. The mortgage experts organize and meet with the applicant in order to close the loan. Signing of the approved documents will mark the end of the process. You will have your chosen mortgage program at hand. Ensure you send the required information in a timely manner to make the loan processing procedure faster.