Private Money Loans ( Hard Money Loans )
Get the real estate mortgage financing you need fast including private money loans, rehab loans, construction loans, home equity loans, mortgage refinancing and more. We are a full-service mortgage brokerage with years in the mortgage business and an experienced team that will help guide you through the home loan process.
Why use a private money real estate loan?
- • They can be extremely fast closings usually within 5 to 10 days
- • They are equity driven by value in real estate not based on credit
- • They can have payment reserves built into the loan so no payments are due during the term
- • They can be used to buy properties banks will not finance due to many repairs necessary
- • They can have the rehab money included in the loan to fix up the property
Typically private real estate loans are used in difficult situations where short term solutions are needed. Mostly for rehab opportunities and construction loans. We can also refinance older manufactured homes or land purchases. Or any refinance scenario of improved property that is owned currently with loan to values usually under 65% or vacant land at loan to values under 50%.
E-mail Us for more info:info@cnaequitygroup.com