Hard Money Loans In Baltimore Maryland

Benefits Of Hard Money Loan In Baltimore Maryland 

* Up To 90% of Purchase Price
* 100% of the Rehab Provided
* Interest Only
* Close in as fast as 5 Days!

Baltimore’s Best Hard Money Lender !

APPLY NOW!

CambridgeHomeLoan.com is Baltimore’s best hard money loan lender. We have gained our reputation as the fastest hard money loan lender in SFR, multifamily loans, bridge and commercial lending because we know how critical each day is in the competitive Baltimore Maryland real estate market.

Hard Money Loans In Baltimore

Loans Custom Build For Real Estate Investors

Fix And Rent Loan Baltimore

    • 1-500+ properties

    • Single-family, 2-4 units, condos, townhomes, multifamily

    • 5yr, 7, 10 and 30 year terms

      • Up to 90% of cost

    • Up to 100% of rehab

    • Up to 75% of completed value

    • $70,000 – $250 million

Fix and Flip Loan Baltimore

    • 1-500+ properties

    • Single-family, 2-4 units, condos, townhomes, multifamily

    • 12 To 24 month terms

      • Up to 90% of cost

    • Up to 100% of rehab

    • Up to 75% of completed value

    • $100,000 – $250 million

MultiFamily Loans Baltimore /
Commercial Loans

        • 1-50+ properties

        • Multifamily, Ground Up Const.,
        • Mixed use w/ majority residential

        • 12, 24 mo., 5,10,30,40 year terms

        • Up to 100% of cost

      • $1M – $250M

      • Purchase, Refinance, Cash Out

DOCUMENTS REQUIRED TO CLOSE

Baltimore's Best Hard Money Lender

Purchase – Refinance – Cash Out Refinance

dscr loan program

DSCR LOAN

*Up To 80% LTV
* Cash Out Refinance
* 15-30 Day Close!
* No Income Required
* No Employment Required

fix and flip loan programs

FIX TO RENT

*Up to 90% of the Purchase
*100% of the Rehab.
* Closing as fast as 5 days!
* Fix to Flip or Fix to Refi .
* 30 or 40year DSCR loan

rental loan

CASH OUT REFI

* Cash-out & Refinance
*30 or 40 year loan..
* Closing 30 days!
* Up To 80% LTV

construction loan

CONSTRUCTION

*Ground Up Construction
Up To 80% Of Land
* 100% of Construction
* Builders and Developers!

NOW LENDING NATIONWIDE!

Investing in Baltimore, Maryland with a hard money loan can be a viable option for real estate investors looking to purchase, renovate, and then sell properties quickly. Baltimore has various neighborhoods and areas with potential for real estate investment.

Here are some neighborhoods and areas to consider that can provide consistent returns:

  • Canton: Located adjacent to Fells Point, Canton is another waterfront neighborhood with a mix of historic and newer homes. It’s known for its trendy atmosphere and is a good choice for investors.

    Fells Point: Fells Point is a historic waterfront neighborhood known for its charming cobblestone streets and proximity to the Inner Harbor. It’s a popular area for renovation and flipping projects.

    • Federal Hill: This neighborhood offers a mix of housing options and is popular among young professionals. It’s an excellent location for renovation projects.

      Mount Vernon:
       Mount Vernon is known for its historic architecture and cultural institutions. It’s a great area for investing in multifamily properties or historic renovations.

      Hampden Maryland:
       Hampden is a quirky and up-and-coming neighborhood with a growing arts and food scene. It’s a good option for those seeking affordable properties to renovate.

      Remington:
       Located near Johns Hopkins University, Remington is experiencing revitalization, making it a promising area for real estate investment.

      Pigtown:
       This neighborhood is known for its affordability and proximity to downtown Baltimore. Investors may find opportunities for renovation and resale.

    • Charles Village Maryland: Charles Village is another area near Johns Hopkins University, making it a potential location for student housing or multifamily investment.

The Baltimore real Estate market is currently very hot with single family homes going for at or over asking price. There can still be deals to be found in Baltimore as in most of Maryland due to the nature of the state. Estate sales, value added properties requiring rehab, tax sales and more. Maryland has one of the best real estate returns consistently in the nation.  In addition, it is also a great time to cash out refi to purchase additional assets. Feel free to call or email and consult with one of our commercial real estate experts.

For more information on Hard Money Loans, Click Here.   To Submit your scenario for a Free Quote see below:

We provide Hard Money Loan Baltimore Maryland zip codes including zip codes including 21201, 21202,21203, 21205, 21206, 21209, 21210, 21211, 21212, 21213, 21214, 21215, 21216, 21217, 21218, 21223, 21224, 21229, 21230, 21231, 21233, 21235, 21239, 21241, 21250, 21251, 21263, 21264, 21270, 21273, 21275, 21278, 21279, 21280, 21281, 21287, 21288, 21289, 21290, 21297, 21298. Being the best Hard Money Loan Lender in Maryland and now Nationwide!!

 

Expert Mortgage and Investment Real Estate Advice

In addition to the blog you can find more information on hard money loans Click Here!

How Does A Hard Money Loan Work in Baltimore Maryland?

A hard money loan is a way for you to borrow money for real estate without using traditional mortgage lenders. Instead, the funds come from individuals or investors who lend money based primarily on the property you’re using as collateral.

Traditional mortgage loans require proof that you can comfortably repay the debt. Lenders often review your credit scores and any income available to evaluate your creditworthiness. If you have plenty of income, savings, or can get another collateralized loan you might not need to worry.

However, the process becomes more challenging if you have a low credit score, an income source that is difficult to verify to your lender’s satisfaction, or a high debt-to-income ratio.

Hard money loans are generally short-term loans, lasting from 1,2 or three years. You use them as a quick way to get money for a purchase. However, you wouldn’t want to keep one of these loans for an extended period because interest rates for hard money are typically relatively high. 

Benefits of Hard Money Loan in Baltimore Maryland

Hard Money Loans Are Approved And Funded Quickly

Real estate investors who haven’t previously used hard money will be amazed at how quickly hard money loans are funded compared to banks. Hard money loans can be funded with 3-5 days if needed. Compare that with 30+ days it takes for a bank to fund. This speedy funding has saved numerous real estate investors who have been in escrow only to have their original lender pull out or simply not deliver. This is a perfect situation for a hard money lender to step in, provide financing quickly and save the deal.

Hard Money Loans Have Few Requirements 

Banks also have a list of issues that will raise a red flag and prevent them from even considering lending to a borrower such as recent foreclosures, short sales, loan modifications, and bankruptcies. Bad credit is another factor that will prevent a bank from lending to a borrower. Most banks will not lend to a borrower who already has 4 mortgages even if the borrower’s credit is perfect with no other issues.

Hard Money Loans Provide Funding For Projects That Cannot Be Financed Elsewhere

Hard money lenders provide many loans that conventional lenders such as banks have no interest in financing. A good example of this is a fix and flip loan. These projects involve a real estate investor purchasing a property with a short term loan so that the investor can quickly make the needed repairs and updates and then sell the property. In most cases, the real estate investor only needs a 12 month loan. A 12 month term doesn’t work with a bank’s business model. Banks want to lend money for the long term and are happy to make a small amount of interest over a long period of time.

About Baltimore, MD – Hard money loan Maryland. Baltimore is a major city in Maryland with a long history as an important seaport. Fort McHenry, birthplace of the U.S. national anthem, “The Star-Spangled Banner,” sits at the mouth of Baltimore’s Inner Harbor. Today, this harbor area offers shops, upscale crab shacks and attractions like the Civil War–era warship the USS Constellation and the National Aquarium, showcasing thousands of marine creatures. Because of its great location, lively neighborhoods, and employment opportunities, that make Baltimore a good place to live, the city’s cost of living is 17% higher than the national average. A large portion of that cost is housing—which is 47% higher than the national average.

CambridgeHomeLoan.com is #1 hard money loan lender in Baltimore Maryland. We have gained our reputation as the fastest hard money loan lender in multifamily loans and bridge lending because we know how critical each day is in the competitive Baltimore Maryland real estate market. We are serving all of Baltimore zip codes including 21201, 21202,  21203, 21205, 21206, 21209, 21210, 21211, 21212, 21213, 21214, 21215, 21216, 21217, 21218, 21223, 21224, 21229, 21230, 21231, 21233, 21235, 21239, 21241, 21250, 21251, 21263, 21264, 21270, 21273, 21275, 21278, 21279, 21280, 21281, 21287, 21288, 21289, 21290, 21297, 21298 and all of Maryland and 47 other US states.

Not just Baltimore Maryland Hard Money Loans, we are now Nationwide!:

Loans Custom Built for Real Estate Investors

Whether you buy and hold, fix and flip, or build to rent, cambridgehomeloan.com has the capital for your investment needs
The nations #1 Lender for Fix and Flip and Fix To Rent Investment Loans
Fix & Flip Loans 90% LTC and up to 100% of fix up costs.

Fix To Rent Home Loans

    • 1-500+ properties

    • Single-family, 2-4 units, condos, townhomes, multifamily

    • 5yr, 7, 10 and 30 year terms

      • Up to 90% of cost

    • Up to 100% of rehab

    • Up to 75% of completed value

    • $70,000 – $100 million

Fix To Flip Home Loans

    • 1-500+ properties

    • Single-family, 2-4 units, condos, townhomes, multifamily

    • 12 To 24 month terms

      • Up to 90% of cost

    • Up to 100% of rehab

    • Up to 75% of completed value

    • $100,000 – $100 million

Multi Family /
Commercial Real Estate

      • 1-50+ properties

      • Multifamily, condos, student housing, 
      • mixed use w/ majority residential

      • 12, 24 mo., 5,10,30,40 year terms

      • Up to 100% of cost

    • $1M – $50M

      • Bridge, Construction, Permanent, Refi.

CambridgeHomeLoan.com takes an active part in helping our customers achieve their long term goals. Fast closings and refinancing into better rates when it matters. Feel free to contact us with your loan scenario at 800-826-5077.

Fix and Flip or Fix To Rent Loans can be closed in just 5-7 days. If you would like to prepare for your first deal contact us for a soft quote and our due diligence check list. From your first investment real estate loan to putting together a portfolio loan for all of your investment properties, CambridgeHomeLoan.com is the resource that can help you from the very beginning of your investment career.

CambridgeHomeLoan.com can manage all of your real estate loans from ground up construction, spec houses to fix and flip and fix to rent home loans. When you want to get your price and close in just a few days to easy rehab draws that can help you get your project done on time and in budget. Give us a call today with your project outline and we can give you the possibilities.

A hard money loan is a loan given to your borrower from a lender based primarily on the worth of the collateralized asset that is underlying. Where asset based lenders aka hard money lenders focus primarily on the value of the asset used as collateral for the loan, traditional banks and lenders focus chiefly on the credit and income of the borrower. Where traditional loans are generally for 15–20 year durations, hard money loans are used as a temporary alternative (1–3 years usually) as a bridge to acquire a rehab, or stabilize a commercial, retail, office, industrial, multi–family, or single family residential home. 

Expert Mortgage and Investment Real Estate Advice