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HARD MONEY LENDERS FLORIDA

Hard Money Loans are still available for good and bad credit Florida home loan applicants to  purchase or refinance Florida real estate. For purchases’s the price is the guideline. Our hard money loans are based on the purchase price and NOT the appraised value.  The rule of thumb has always been, 55-65% LTV Based on purchase price or appraised value, the lower of the two.

FLORIDA HARD MONEY LOANS AVAILABLE FOR THE FOLLOWING:

  • Floriad residential Florida Hard Money Loans – LTV’s up to 70%. Rates starting at 9.99%
  • Commercial Florida Hard money Loans – LTV’s up to 70%. Rates starting at 9.99%
  • Foreign National Florida Hard Money Loans – LTV’s up to 50%
  • Florida Hard Money Loans for Free and clear owner occupied Florida refinance – LTV’s upt o 50%. Rates from 10.99%
  • Bank REO Florida Hard Money Florida Hard Money Loans for purchase – LTV’s up to 70%. Rates starting at 9.99%
  • Florida Hard Money Condo Loans (Case by case basis) – LTV’s up to 50%. Rates starting at 10.99%
  • LTV’s up to 60% on Owner Occupied Florida Condos.
  • Florida Hard Money Debt Consolidation Loan Program  – LTV’s up to 70%. Rates starting at 8.99%. Clients can only get cash out up to 10% of the loan amount. 560 minimum credit score requirement.
  • Hard Money Florida Home Loans For Double Wide Mobile Homes – LTV’s up to 50%
  • Hard Money Florida 2nd Home loan  & investment properties – LTV’s upt o 65%. Rates starting at 9.99%
  • Hard Money Florida Commercial loans & Upscale Residential Land (Florida client must have 50% equity in owner occupied Florida homes – no exceptions -) Up to 50% LTV. Rates starting at 10%.
  • Hard Money For Florida Subprime Residential Florida Funds Owner Occupied to 70% Rates from 8.99%
  • Subprime Florida Condo Loans to 60% Ltv Rates from 8.99%
  • Florida Hard Money Secondary Homes, Florida Hard Money Loans for Florida vacation homes, Florida investment properties to LTV to 65%
  • Private Hard Money Financing in Florida For Commercial Loans to 50% LTV rates from 10.99%
  • Specialty Hard Money Florida Mortgage Programs for Log Cabins, Condotels, Warehouse, Florida Self-storage units.
  • Commercial Bank Hard Money Loans on Florida Hotels, Strip Center, Apartments, Restaurant, Office building to 70%
  • Self Employed Hard Money Loans Programs, bad Credit, No credit, No Doc, and Lite Doc.
  • Florida Hard Money Investor Blanket loans to 65%, Investor Mortgage Refinance and Purchase programs to 65%
  • Florida Hard Money Loans for borrowers on the job less than two years, Bankruptcies, Past Foreclosures Okay!
  • Hard Money Mortgage Financing in Florida for Borrowers who have been turned down by the Bank but have Equity
  • Florida Hard Money Bank Statement Loan Programs, and  loans for Hard money loan applicants with less than prefect credit.
  • Florida Hard Money Bank Reo Purchase Loan Programs must only need small rehab 5k to 10k
  • Florida Hard Money Short Sale purchase Loan. Please Properties Must be approved when you call us.
  • Florida Hard Money Purchase Programs for out of state borrowers.
  • Purchase Mortgage Loan programs for out of state borrowers relocating to Florida.
  • Florida Hard Money Loans LTV to 50%
  • Florida Hard Money Cross Collateralization Loans for Hard money borrowers including Investors
  • Commercial Florida Hard money loans for Nightclubs, Mixed Use, Self-Storage, Gas Stations, Retail Offices
  • Florida Hard Money Refinance Loans to payoff Florida property taxes , collections, and IRS liens, Bankruptcies
  • Hard Money Florida homebuyer Mortgage programs in Florida with LTV to 70% and rates from 8.99%
  • 1st Time Florida Hard Money Homebuyer loans available in all of Florida for Bad Credit Florida homebuyers
  • Out of State Florida homebuyer financing in Florida for potential homeowners who are self-employed.
  • Florida Investor Hard Money purchase loan programs and Mortgage Loans with LTV  to 65%  No prepayment.
  • Gift of Equity Hard Money Florida Refinances & Hard Money Florida cash out refinance  if you have inherited a Florida property.
  • No seasoning Hard Money Florida Refinances Programs for Florida Investors up to 50% LTV.
  • Refinance your Florida loans if they or in a trust, LLC, or corporation.
  • Commercial Florida Hard  Money Loan programs for gas stations, warehouse, church, nightclub, car wash.
  • Hard Money Financing for Florida International Borrowers who need to refinance and get cash out.

Feel Free to Apply Now for a Florida Hard money mortgage or use our Quick Application to receive a no obligation consultation on your next Florida mortgage.

CLICK START NOW TO GET PRE APPROVED TODAY!

or use our quick application to receive a no obligation consultation on your next Florida mortgage.

FLORIDA HARD MONEY – PRIVATE HARD MONEY FLORIDA MONEY LENDERS
We provide our Florida loan applicants with access to every Hard money lending source available in the market today. One of the valuable resources is private mortgage lenders sometimes called hard money. Hard Money lenders. These private hard money lenders  provide a valuable niche in today’s Florida real estate market, filling the void left in the wake of the sub-prime mortgage crisis.

WHY FLORIDA HARD MONEY LOANS ARE DIFFERENTHard Money or Private Equity is far different from other more traditional conventional or even sub prime mortgage sources. Hard money lenders typically lend solely based on the equity or quick sale value of the real estate offered as collateral. Due to the extreme demand for Florida hard money lenders and their ability to pick and chose which loans they wish to provide… Most Florida hard money lenders pick the more promising properties in the most desirable areas with the lowest loan to value. This reduces the Hard money lenders risk. There are many advantages to the hard money loans and also some drawbacks detailed below:

FLORIDA HARD MONEY LOAN BENIFITS
1. SPEED- ability to close loans in 7-10 days
2. EQUITY = LOAN- If  can prove the ability to repay.

FLORIDA HARD MONEY LOAN DISADVANTAGES
1. Florida hard money lenders change 10-15% with balloons due in 2-10years.
2. Private hard money lenders change upfront points ranging from 3-5% and have prepayment penalties ranging from 1-3 years depending on the term of the loan.

NO SURPRISES WITH FLORIDA HARD MONEY LOANS- As a Florida hard money mortgage lender we have partnered with only the most ethical and professional private money sources available in Florida. As with any other Florida loan program we offer you will always be provided with detailed disclosures so you know exactly what the rate and terms will be no surprises. All  Hard money rates and fees will be discussed in advance and the agreed upon terms is what we deliver, so there are never any last minutes surprises.

HARD MONEY FLORIDA  LOANS BASED ON PURCHASE PRICE NOT APPRIASED VALUEUntil recently, many Florida Hard Money lenders that we provided were willing to base their loan amounts on property appraised value, rather than the properties purchase price. As the Florida real estate market has continues to on its decline, the appraised value has become almost non-relevant. The explanation  behind this change from appraisal to purchase price is that properties being sold far below appraised value are typically foreclosure sales. If a private lender ends up foreclosing on a property, they need to sell the asset as soon as possible.  This means they will be in the same position as the bank who is selling the foreclosed property.  To a hard money lender, a property is only worth what they know they can liquidate it for.  If the bank is liquidating a property for $100,000, a hard money lender will have to sell at 65,000-75,0000 in order to quickly get their investment back.As Florida mortgage lenders we offers immediate approvals and fast closings. Our professional staff of experienced loan consultants in Hard Money loans will be happy to discuss any loan situation and will make every effort to make it work.

Feel Free to Apply Now for a Florida Hard money mortgage or use our Quick Application to receive a no obligation consultation on your next Florida mortgage.

CLICK START NOW TO GET PRE APPROVED TODAY!

FHA LOAN APPLICATION

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1 HARD MONEY LENDER MIAMI FLORIDA
2 HARD MONEY LENDER JACKSONVILLE FLORIDA
3 HARD MONEY LENDER TAMPA FLORIDA

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