#1 Hard Money Lender In Georgia
Hard Money Loan Macon Georgia– We provide a Fast Close for Investment Properties and Commercial Real Estate. Fix and Flip, Fix to Rent, Multifamily, Commercial real estate. We have Purchase, Refinance and Cash out Refinance programs available. Hard money Loan programs in Macon Georgia can finance up to 90% of the acquisition on Fix To Flip and Fix to Rent as well as 85% of multifamily acquisition and can provide 100% of the construction costs. For all of your hard money needs in Georgia contact us today!
Commercial Real Estate Hard Money Loan. Great Rates! Fast Close!!
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A hard money loan is a loan from a private or non-traditional lender. The asset being purchased is used as the collateral for the loan, reducing risk for both the borrower and lender.
Hard money loans are used for quick turnarounds between the purchase and sale of a property. They can also be used for quick home financing until the buyer secures a traditional loan.
These loans are generally used in the real estate industry. Some investors buy homes in need of repairs, fix them up, and then sell them for a profit. This is known as flipping and can be hard to get financing for.
Other real estate investors might use hard money loans for commercial or rental properties if they can’t find conventional financing or need construction funds.
*Qualify in 10 Minutes, Get funded in 5 days! Receive 100% of your construction funds.
90% Of Acquisition, 100% of Construction, 75% of ARV (As Completed Value)
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.
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.
Macon is located in Bibb County Georgia. The landscape of Macon consists of rolling hills in the north and flat plains in the southern section. The Ocmulgee River flows through Macon. The nearby Robins Air Force Base is a primary employer for the region. Wesleyan College is recognized as being one of the oldest colleges for women in the entire world. The town showcases numerous noteworthy historic landmarks and hosts the prominent Cherry Blossom Festival.
Things To Do In Macon Georgia
The cost of living is considerably less than the national average. At $38,900; the cost of living in Macon is very manageable, and almost 36 percent less than the state of Georgia.
That might explain the 2 percent rise in population since last year, as younger buyers are looking to capitalize on less expensive markets. Cities like Miami and San Diego continue to be too expensive for a large portion of the country, so it is the more affordable metros that attract those who are unable to save.
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Hard Money Loans In Georgia- CLICK HERE To Qualify
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