Non Owner Occupied Hard Money Loans

Posted on 23 May 2011

Investment properties Hard Money Loans

Hardmoneyloans.org lend money to investors that own residential property. If you understand the hard money lending business so you know that it’s much easier to lend money to a non owner occupied property then to an owner occupied one. Residential properties have been our main concern in the past 3 years since so many residential real estate owners were defaulting on their mortgages. Now we are much more knowledgeable about most situations in the southern California area and we will help 99% of you out there that can qualify.

We don’t care if you are in a foreclosure situation or have got a notice of default, we can still help you. When the bank will take your property then we are out of there right away. If you have equity and you don’t want to loose it then call us and we will help you. If you own several properties that have good income, but now you a little behind, please show us what you have got and we will help you.

Here is what a hard money lender will want from you:

1. Full appraisal of the property(we can provide).
2. Credit report- We don’t really care for credit score, but we will ask for it. You can have a fico score pf 300 and it will be OK with us.
3. In some cases we will ask for income, but in most cases we don’t really care for it.
4. Title of the property(we can provide you with it)
5. IMPORTANT! We will need to see equity in your property of at least 30%, no exception.
6. Fees starts at 5 point depends on the scenario
7. Finding time is between 3 days to 10 days maximum

Hard money lenders California

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