Bank Hard Money
888-297-4440
Interested in Hard Money Loans?
Bank Hard Money - Residential Hard Money
RESIDENTIAL LOAN PROGRAMS
Our sole purpose is to fund loans. More specifically, we exist to fill the gap where lending restraints have left many qualified applicants without access to funding. Our custom oriented underwriting approach allows us to not only focus on the numbers but on the entire applicant situation in order to provide an innovative financing structure that meets their needs. We work with clients and brokers alike to get the job done.
TYPES OF PROPERTIES
· Single Family Home (SFR)
· Duplex
· Triplex
· 4-plex
· California Only
TYPES OF BORROWERS
· Owner or Non Owner Occupied
· Purchase Money
· Refinance
· Cash out
· Property Listed for Sale
· Foreclosure/Bankruptcy Bailouts
· Owned by Sole Proprietorship, LLC or Corporation
· Properties in Probate/Trust
LOAN TERMS
· LTV up to 70% (75% ltv case-by-case)
· Loan Term: 1, 2, 3, 5, 10 year; and a 30 year take-out loan
· Interest Rates: 9.5% to 11.99%
· No Prepayment Penalty
· Interest-only Payment
· Cross Collateralize for Maximum Loan Amounts
· Self Employed OK
· Not FICO Driven
