Fort Myers Beach Hard Money Loan Benefits
* Up To 90% of The Purchase – 100% of Rehab
* Fast Close
* Minimal Paperwork
* No Evidence of Income or Employment
* Asset Based Hard Money Loan
#1 Fort Myers Beach Hard Money Lender
LOAN APPLICATION QUICK APPLY
Fort Myers Beach Hard Money Loan – CambridgeHomeLoan.com is the #1 Fort Myers Beach Hard Money Lender! CambridgeHomeLoan.com has gained the reputation as the fastest Fort Myers Beach hard money lender in multifamily loans and bridge lending because we know how critical each day is in the competitive Fort Myers Beach real estate market.
#1 Fort Myers Beach Hard Money Lender
Commercial Real Estate Financing with Great Rates & Fast Close!!
Hard Money Loan Application
*Up To 85% LTV
* Cash Out Refinance
* 15-30 Day Close!
* No Income Required
* No Employment Required
*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
* Cash-out & Refinance
*30 or 40 year loan..
* Closing 30 days!
* Up To 80% LTV
*Ground Up Construction
Up To 80% Of Land
* 100% of Construction
* Builders and Developers!
A “fix and flip” loan is a bridge loan or sometimes called a hard money loan used to purchase property with the goal of selling it for a profit or refinancing it to rent once the repairs are completed. A fix and flip loan is works really well in these situations.
At CambridgeHomeLoan.com, our fix and flip and fix to rent loans close very quickly… as little as 5 days! Our fix and flip loans and fix to rent investment real estate loans do not require personal income verification and very little documentation! We offer a 100% program and a limited documentation 90% down loan program. Fix and Flip loans are a great way to leverage your existing capital to generate more income with the ability to close & flip more projects at once utilizing bank funds! CambridgeHomeLoan.com finances the acquisition and the rehab costs of the project.
| Loan Amount: | $100,000 – $250 Million |
| Term Length: | 12 – 36 Months |
| Max LTV: | 100% (90% Limited Doc) |
| Rehab: | Funded 100% |
| Amortization: | Interest only |
| Interest Rate: | Starting at 6.99% |
| Closing Time: | 5 – 14 Days |
| Loan Use: | Purchase, Rehab, Refinance Cash out refinance |
A Fort Myers Beach 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. Fort Myers Beach Hard Money 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 Fort Myers Beach Hard Money lender’s satisfaction, or a high debt-to-income ratio. Hard money loans Fort Myers Beach 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.
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.
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For more information on our commercial and investment financing, visit CambridgeCapital.org