Financing in 44202>Question Details

Julie1234, Home Buyer in 44202

Does anyone do hard money loans on owner-occupied if the LTV is decent?

Asked by Julie1234, 44202 Thu Jan 10, 2013

We cannot qualify for the amount we need via traditional methods for various reasons. It was recently recommended that we seek out a hard money or private loan. We have a house in mind. Any advice or thoughts?

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some of our lenders would buy the house lease to you with option to purchase
0 votes Thank Flag Link Thu Sep 19, 2013
Yes we do after seeing the numbers and location. we like to loan to contractors around 3 points and 2% mo for up to 9 months. on average no formula is fixed we need more info. Richard
0 votes Thank Flag Link Thu Sep 19, 2013
It just depends on who loans you the money through Hard Money they have a mass network of investors. I'm an agent with Keller Williams GCSE. If I can be of service with getting you in contact with our lender and maybe get you qualified for your loan to purchase your new home, just contact me at 440.836.3517 My name is Brian Goble
0 votes Thank Flag Link Tue Apr 9, 2013
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