Private lending is sometimes referred to as hard money. That simply means that it is for investors who had a hard time qualifying for bank financing. If you have a good investment, but the banks can’t finance it, or if you need a loan much faster than a bank can perform, private money may work for you.
Depending on how quickly the client can provide the minimal documentation required, we can close a loan in 1 to 2 weeks.
Banks loan funds on deposit on which they pay very low return, and the loans they provide are less risky. Private lenders, on the other hand, are willing to take greater risks, and require a greater return.
Contact us today to discuss your real estate investment questions. We’ll help you enter the market or expand your portfolio. And, you’ll be pleased with our speed and flexibility. With access to both A-Paper investment funds and private money, we’re a one-stop shop for investors, builders, and developers.