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Private Money Loans
Private Money loans come from private investors. These loans can be used to buy and/or renovate a house, condo or multifamily building. They have shorter terms and higher rates than conventional loans. Private Money (Hard Money) loans are good for both short term fix and flip or long term buy and hold..
The qualifications for a Private Money loan are not as thorough as a normal institutional loan. We do not base your loan on your credit history. We can prequalify you in a matter of minutes and the loan can be funded in 15 days or less. This allows us to close more easily.
Within Residential First Mortgage, we have a team that specializes in Private Money loans and can assist you in any situation.
To inquire about a private money loan, contact us today: email@example.com