Private Money Loan

Private Money Loan, also known as a hard money loan is most lucrative for time sensitive deals.

These deals can be turned around much faster than conventional loans. While a good credit for a particular borrower helps, a borrower's credit is not that important of a factor in the acceptance or denial of a loan. Private money mortgage is a very common option for investors who want to get a property for a short period of time and rehab it and re-sell it.


Requirements for a Hard Money Loan

In order to turn in an application for a hard money loan, the following documents are required:

• Executive Summary
• Appraisal and/or Comps
• Financials of Borrower
• Completed 1003 application

If you are looking for a hard money loan, contact us and submit all the information requested above. We work with different private money investors throughout the country and offer private money loans in all states and abroad. Please make sure that you address the collateral in the Executive Summary in case you were to default on the loan.

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