If you're looking at a house, I would contact a regular mortgage broker or your own bank. Chances are you could qualify for a conventional loan (non-hard money) and save yourself some cash up front AND over time.
Just a REALTORS(R) opinion based on my experiences with customers in the current market. Good luck to you in the process!
Jeff Metcalf, REALTOR(R)
Watson Realty Corp.
Mortgage Broker Responds:
Hard Money is a different animal, there is not an electronic approval process. Also, these private investors are often very wealthy people who don't want to dive into a deal without an actual property.
They don't want to look at "MIND DEALS" so generally the best you can do is have a Mortgage Broker review your application and credit in advance, give you a pre-qulification letter and then find and contact on a property.
I offer these kind of loans, but often I can qualify borrowers for Bank/Portfolio programs with less down and better rates v, Hard Money.
See a list of some of the strongest programs for FL here: http://www.pro-option.com
Pro Option Mortgage/ Florida
Ph: 888 662 4404
Prior Service U.S. Marine Corps