Financing in Orlando>Question Details

Carm, Both Buyer and Seller in Orlando Lakes, Ormond...

Hello everyone. I am currently looking for a hard money lender in Orlando. Can you suggest any?

Asked by Carm, Orlando Lakes, Ormond Beach, FL Mon Apr 2, 2012

My plan is to purchase an REO property, less than $60k to rehab and sell. However, my credit score isn't the best (FICO score is 560). Can anyone point me to a hard money lender that will work with me?

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Answers

2
Hi Carm,

Our preferred lender has money to lend on all kinds of projects nationwide.
FEES AND TERMS

Private Money Lending Available Nationwide!!
Application Fee: None
Security: First Mortgage Position
Loan to Value: Up to 65%
Loan to Cost/Renovation: 80% to 100% (on a case by case basis)
Loan Size: Starting at $30,000
Loan Term: 6 months to 2 years
Interest Rates: Starting at 12%
Origination Fee: Starting at 4%
Prepayment Penalties: None
Minimum Loan Term: None no prepay penalties
Appraisals required for any loans greater than $50,000

Send your deals by submitting them via: http://www.clearvisionrealty.com/private-money-app.asp

Regards,
Normalina Martin
Licensed Real Estate Broker
Clear Vision Realty & Associates
"We Solve Ordinary Real Estate Situations in an Extraordinary Way"
407-796-1496 x 102
0 votes Thank Flag Link Fri Mar 1, 2013
Michael.Knight@bbvacompass.com will be able to help you with a hatd money lender. But it is likely that you will need to put at least 50% down
0 votes Thank Flag Link Mon Apr 2, 2012
Hi Alan,

You stated your HML wants 50%, we have money to lend at 65% LTV on all kinds of projects nationwide. Send me your deals.
Please Submit: http://www.clearvisionrealty.com/private-money-app.asp?agent_gate=private-money

I'm looking forward to assisting you with your Real Estate financing needs.

Agents & Brokers are protected.

Regards,
Normalina Martin
Private Lender / Distressed Asset Specialist / Real Estate Broker
Clear Vision Realty & Associates
Flag Tue Jun 12, 2012
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