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Learn about Hard Money loans. They have a place in some markets

By
Mortgage and Lending with Carteret Mortgage

Hard Money Loans

 

Hard money loans are available. Email hard money loans questions. I have hard money loans for commercial and residential buildings that banks will not entertain. Our hard money lenders close hard money loans for those who are unable to obtain loans using a creative stated income stated asset guideline. Hard money loans for remodeling are available up to 100% of acquisition and remodeling cost and may not require payments during construction. Hard money loans are available without prepayment penalties. Hard money loans can be a solution to short term borrowing needs. Hard money loans are based on assets and are not as credit sensitive as other loans.

I am a mortgage broker experienced in hard money loans. This hard money loans experience comes from the larget amount of work I do with real estate investor loans. My clients invest in both residential and commercial property and I am equipped to offer advice and financing in both areas. Hard money loans can work for them when traditional loans will not. I have access to several sophisticated hard money loans search engines which allow me to search 700 hard money lenders guidelines and pricing to find hard money loans which match your unique needs. As a hard money loans broker, please understand that I work for my client and not the lender and give you unbiased advice and assistance. Learn more about my practice as a Certified Mortgage Planning Specialist.

I have hard money loans available for purchase or refinance. I routinely work with real estate investors, self employed individuals, and other borrowers who fall outside traditional guidelines.

Read more about Hard Money Loans Closing Costs

I have included a page on how to calculate your Hard Money Loans qualification ratios.

I have included a page on Hard Money Loans documentation requirements.

Learn more about Hard Money Loans Underwriting Guidelines.

In 2008, Short Sales are where most of the action in real estate is. Learn more about Short Sales

Learn more about the Debt Service Coverage Ratio

Learn about comparing investment property

Learn more about investing in real estate.

Looking for a commercial equity loan?

I can help you in a seller take back second mortgage situation with to 90% as well as to arrange to lend in the name of your corporation, trust, or LLC.

As a Certified Mortgage Planning Specialist, I offer an analysis of your situation today can make suggestions on how small changes in how your consumer and mortgage debt is structured today can have a life changing effect in the years to come.  Read more about this free, no obligation service.

New! View my Wealthbuilder presentation and learn the safe way to manage your debt and fund your retirement.

I hope the information on this page was useful to you. Please scroll down to view my Mortgage Market Guide. It is a weekly publication explaining the financial markets from a consumer's perspective that is available on this website or by email subscription. I have nearly 8,000 subscribers today and would be happy to have you as well. Your email address will never be used for any other purpose.

Comments (1)

Chuck Carstensen
RE/MAX Results - Elk River, MN
Minnesota/Wisconsin Real Estate Expert

Wow!  Thanks for all the info. I will read about the hard money loans!

May 10, 2008 04:49 AM