Hard Money
Hard dough lenders fabrication loans based on a percentage of the quick-sale bearing of the subject property. This is called the loan-to-value or LTV ratio and typically hovers between 60-70% of the market value of the property. For the design of determining an LTV, the announcement "value" is defined as "today's purchase price."
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While we cannot promise you that we can get you the loan you are seeking, we can promise that we will be straight and honest with you
- We are currently in a authentic changeableness market and lending and underwriting guidelines are changing daily
- Loan Hard Money programs that were derivable from 3 to 6 months ago are no littler close to the realm of possibility
- Currently, our own guidelines cool us from lending Almighty Dollar on any property with an NOD filed against it...most lenders are moving in the same direction.