You are currently viewing Hard Money Loan Lender Tallahassee

Hard Money Loan Lender Tallahassee

Hard money loans are a form of commercial financing provided by private equity, family offices and private individuals. Being the fastest hard money loan lender tallahassee, CambridgeHomeLoan.com offers rapid funding at competitive interest rates for a variety of commercial and investment real estate loans.

What are the reasons to think about Tallahassee for a Real Estate Investment?  What is the best time to invest in Tallahassee? During the 2021-2023 period the median sale cost for the Tallahassee area property was $340,000. The average rent for a one-bedroom apartment was $1,850. There was a 13% rise in the real estate prices comparatively to pre-2000. This is the reason why Tallahassee is considered as the fastest-growing real estate markets and a great place to invest.

Hard Money Loan Lender, Hard Money Loan Features:

* RATES BEGINNING at 6.99 *+

* POINTS AS LOW AS 1.50*

* 3 YEAR TERM INTEREST TERM ONLY

* Up to 90% LTV!

* NO PREPAYMENT COST

* CLOSING IN AS FAST AS 5 DAYS!

* BROKERS ARE WELCOME

* NO VERIFIED DOCS FOR INCOME REQUIRED or TAX RETURNS REQUIRED

* MINIMUM LOAN AMOUNT: 100,000 – 250 MILLION

* LENDING AVAILABLE NATIONWIDE FOR COMMERCIAL LOANS

* N/O/O RESIDENTIAL PROPERTY BUSINESS INVESTMENT & USE PROPERTY ONLY

* 30 and 40 Year Rental Program With rates beginning at 5.49%!

ADDITIONAL HARD MONEY LOAN FEATURES:

Approvals: Investors can get pre-approval for a hard money loan within one to two hours if they submit the necessary documents. Hard money lenders focus primarily on whether the asset is of good value in the market and is the borrowqualified. As opposed to conventional loans which includes tax returns and full documentation it could take a conventional loan up to one month to complete.  With hard money loans financing could be done in as little as a week. It is important to inquire about hard-money lender’s funding timeframes in advance to be compliant with your contract.

Flexible Payments: Hard money offers more flexibility to customize your repayment schedule. This freedom isn’t available if you are dealing with an institution or depository lender. You will be required to sign a contract with the bank’s terms for payment. Talk to us and come to a payment plan that is mutually beneficial for both you and your project and future goals.

Pre-Payment Penalties: Most hard money loan programs contain many options including no pre payment penalties for prepayments: If you obtain a loan from a reputable bank, you may be subject to prepayment penalties in the event that you pay off the loan prior to maturation date. Prepayment penalties aren’t typically charged by fix and flip lenders. If you have additional cash and wish to pay off the loan in advance, you will not be penalized.

Credit history is an important issue for large lending institutions, your credit score could have a significant bearing on whether or not you are accepted for a loan. Private lenders place less importance on poor credit histories. Private lenders make loan approvals primarily based on the liquidity and experience of the borrower and the value of property. If you satisfy the requirements above, you have an excellent chance of being funded.

As the #1 hard money loan lender in Tallahassee Florida CambridgeHomeLoan.com will help you reach your real estate goals.

LOAN PRODUCTS

Hard Money Loan

hard money loan

$75,000 - $250 MILLION

UP TO 80% LTV

STARTING AT 7.49%

CLOSING: 3 - 7 DAYS5

Fix & Flip Loan

bridge loan

$75,000 - $250 MILLION

UP TO 90% LTV

STARTING AT 6.99%

CLOSING: 7 DAYS

Rental Investment Loan

bridge loan

$75,000 - $250 MILLION

UP TO 80% LTV

STARTING AT 3.50%

CLOSING: 10 - 14 DAYS

Hard Money Loan Application For Fast Approval

APPLY NOW!

MORTGAGE FINANCING EXPERT ADVICE

house hacking

House Hacking 101

“House Hacking” has been a trending topic within the real estate social media world – making its way to, debatably, be the number one suggestion

Read More »
home loan

About the FHA New 40-Year Loan

Earlier this month the Federal Housing Administration (FHA) announced that they will be establishing a 40-year financing option to reduce monthly mortgage payments for those

Read More »

Rakesh Kumar

Loan Originator specialized in all types of Real Estate Loans (including Hard Money, Fix and Flip, Ground Up Construction, Multifamily and Bridge loans, nationwide)

Leave a Reply