Hard Money Lenders For New Construction
· They are generally used as "bridge" loans between construction financing and long term loans; hard money loans are often used for construction because longterm lenders may want finished and leased projects. Be aware that hard money lenders are not regulated by the Federal Reserve or the Office of Thrift Supervision.
Though hard money lenders will often issue loans for almost any type of property, there are certain types of property investments which were absolutely made for hard money. Rehab projects, construction loans, and land loans were made to be financed through hard money.
Banks are great at offering construction loans for new builds or remodeling. They are not so interested in making a hard money loan. Red Dirt Lending is proud to be one of the hard money lenders in the market offering this much needed service. We know you are looking for a quick and easy loan process.
We offer "hard money rehab loans" and "Ground up Construction Loans" for investors only in NC, SC, GA, VA and TN (some areas of FL, as well). As part of our business practices, we also serve as consultants for investors guiding them to network with other investors and educating them in locating and structuring transactions.
Dec. 20, 2017 /PRNewswire/ — Anchor Loans, the nation’s number one hard-money lender to the fix-and-flip industry. we continue to grow at a record pace, expanding into new markets and establishing.
With regard to construction loans, I know BBVA Compass has some great programs, Everbank too. Trustline Mortgage is a broker of mortgage products, they may have construction loans available, but most investors I know have been using private or hard money of late.
HARD MONEY BANKERS is a full service and self-funded private/hard money lending company providing fast and flexible financing for residential and commercial investment real estate deals. We are currently lending in Maryland, Washington DC, Virginia, Pennsylvania. Delaware and New Jersey. MORE ABOUT US
Simple Home Construction Bruno Construction, is a full service custom remodeling company located in Holbrook, NY. We perform Home Remodeling, Specializing in Kitchens and Baths. Bruno Construction’s owner phil bruno has over 40 years of construction experience and personally supervises every project small to large.
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