Hard money loans are real estate mortgage loans provided by non-bank lenders. There are numerous hard money lenders that provide rapid funding at competitive interest rates. If your looking for the Best hard money lender in Tampa, you have come to the right place.





As a borrower, you should reach out to CambridgeHomeLoan.com to discuss your goals in detail. As a lender we are here to give you all of the options for you to reach your real estate investment goals. A hard money loan can provide a major advantage in your quest to fund your next real estate investment.
Why should you consider Tampa for the Real Estate Investment?: During 2022-2023, the median sales price for the Tampa area property was $410,000. The average rent for a one-bedroom home was $2,470. As compared to 2000, there has been an increase of 16% in real estate prices. Tampa is one of the fastest-growing real property investment market.
Features of the Best Hard Money Lender in Tampa:
- RATES STARTING AT 6.99 *%*+
- POINTS AS Low AS 1.50%
- 3-year TERM INTEREST FOR ONLY 1-3 YEARS
- Up to 90% LTV! 100% of the Rehab provided
- NO PREPAYMENT PENALTY*
- QUICK 7 DAY CLOSING
- BROKERS ARE WELCOME
- NO TAX RETURNS NOR Verified INCOME DOCS are required.
- MINIMUM LOAN AMOUNT OF $100,000 UP TO 250 MILLION
- LENDING AVAILABLE NATIONWIDE ON COMMERCIAL LOANS
- BUSINESS USE PURPOSE & INVESTMENT PROPERTIES ONLY
- 30 and 40 Year Rental Program , with rates starting at 5.49%
The advantages of Hard Money Loans:
Faster approvals: Without doubt one of the main advantages of a loan is the fact that investors can secure pre-approval within just a few minutes of submitting an application. The lenders of hard money are principally concerned with whether the asset has an acceptable market value. Hard money loans can close in as fast as 5 days. Bank loans on the other hand can take 4-6 weeks. Faster approvals means being able to negotiate better terms when purchasing.
Payment Options: Hard money loans have multiple programs to configure your payment options and maximize your profits. With private hard money lenders in Florida you are able to discuss and reach an agreeable repayment plan that you believe is appropriate for you. For example: Interest only loans, different amortization options, etc..
There are fewer paperwork requirements: Hard money loans offer programs that do not require income and employment verification. By utilizing the best hard money lender in Tampa you will receive the best rates and the loan option that meet your investment options.
Zero penalty for prepayment: You could not be penalized for prepayment when the loan is paid in full before the maturity date. Prepayment penalties aren’t typically applied by fix-and-flip lenders. If you have additional cash or finish your rehab early and want to refinance and payoff your loan in advance, you will not have to pay a penalty.
Credit History isn’t a major Problem: In the case of large lending institutions, your credit score has a major influence on whether you receive a loan or not. Private lenders place less importance on poor credit histories. This is due to the fact that the fact that a private lender bases credit approval on the value of property as well as the equity of the borrower. As long as you meet the requirements above, you are in an excellent chance of being approved for funding.