Hard Money Loans for Refinance!

Hardmoeneyloans.org help homeowners, real estate investors, commercial real estate and Residential real estate with hard money loans in California. We help you to cash-out money you have in the property to use for construction, paying off debt or anything else that you need the money for. Refinancing a property with hard money lenders is not to lower interest rates because hard money lenders offer higher interest rates then conventional banks. So normally if you will approach a private lender you need to understand that it’s to use cash that you have in your property.

Many people Refinance their properties these days to pay off debt and fix their credit. That is fine with us, since we loan you money for a short time period, we want you to clean your mess and then go back to the conventional way. We are here to help you in any situation and that is why we charge so much. Our risk is higher, but we are willing to take the risk instead of rejecting you without even listening first(Banks).

Some people take a hard money loan to remodel their property and then to put it back on the market for a flip. We support that and help these real estate owners with loaning them up to 75% LTV to remodel and put it on the market. If you need help to get the right realtor and advice we will help you at no charge to take you to the right place. We don’t to have any complications with our hard money deal.  That is why we will help you along the way.

Steps to refinance with a Hard money Lender:

1. Get us all the information about your property, address of course and appraisal. If you can not get us the appraisal we can get it done for you.
2. In some cases we will need to see your credit and income, but WE DON’T CARE FOR CREDIT AND INCOME!!!! Bad credit OK.
3. We want to see Low  LTV-LTV-LTV. example: your property worth $500,000 and the loan amount is $200,000, this is a good scenario in most cases. We want you to owe the bank very little to zero and have high value.

Hard money loans terms:

1. Fees and points are between 5 to 8 points
2. Your loan will be amortized between 6 months to 5 years.
3. Interest rates will be between 8.95% to 15%