You should also know that many hard money lenders that are lending on owner occupied properties are not licensed to do so. To lend on an owner occupied property there are strict regulations and most cannot or do not want to meet the scrutiny.
Have you had a qualified lender look at your credit profile to tell you what needs to be done to correct it? I would suggest you start there and forget about hard money; you won't find it with 20% down anyway.
Finally I will assure you of our total commitment to achieving this transaction as I always look forward to doing more business with you in future
Contact : Mr. Sorin Lassmann
Skype ID: ls.nicu
Apply for a loan today with your loan amount and duration, Its Easy and fast to get. 4% interest rates and monthly installment payments.
Difficult to qualify for a convention loan, is it of your employment history or credit score. Private money not only high on interest rate it also high on closing cost. If you want more advice please call me.
Result FInancial Corp
Do you need a student loan? Do you need loan to settle your debt or pay off your bills or start a nice business?
Do you have a low credit score and you are finding it hard to obtain capital loan from local banks/other financial institutes?
We can give you all you desire in getting a loan with the following benefit below.
* Arrangements to Borrow up to $2,000,000,000
* Choose between 1 to 25 years repayment period.
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* Interest rates as low as 3%.
All these plans and more on contacting us,Please apply by sending us an email and the amount you wish to borrow
to the contact email below for further correspondence.
Email Address :email@example.com
Our company features a 25% down private program. The loan program also includes 30 yr financing term. Give me a call if you think that might help.
DCI MORTGAGE & INVESTEMNT
408 657 3780
There are a lot of private money lenders out there, and some will lend up to 80% LTV or more if the home you are buying is for business purpose ( i.e. flips, investments etc). Typically they will lend on the ARV or After Repair Value of the property. So be prepared to do some work!
Like others are saying, it is not cheap money! If you do not qualify for a conventional loan this may be a way to get in before prices get out of hand. Once you do qualify I would recommend refinancing asap as I don't project the loan rates staying this low for long.
Call me if you would like to discuss.
James - 408-836-9653
I do not recommend private money lenders for financing your primary residence.
Private money, also known as hard money is very expensive. Some investors do use it if they can buy the house cheap enough to flip it and make a profit even after they have repaid the hard money lender.
Because of the very high cost of hard money, I do not recommend it for your personal residence,
Charles Butterfield MBA
Real Estate Broker/REALTOR
Cell Phone: (408)509-6218
Email Address: firstname.lastname@example.org