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Our hard money loans Florida are primarily asset-based which means we place an emphasis more on the property and less so on the individual borrower. However, this doesn’t mean we ignore the credit profile of the borrower altogether. While we don’t require perfect credit we do like to see a history of responsible credit.
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RCN Capital is a nationwide, private direct lender. Established in 2010, we provide short-term fix & flip financing and long-term rental financing for real estate investors. Our loans, often called hard money loans, range from $50k to $2.5M and can be used for the purchase or refinance of non-owner occupied residential & commercial properties.
Max terms for our loans are either 1-2 years depending on borrower and property type. Origination points are between 3-6% depending on the property type and state that the property is located in. Example: On a 100k loan in FL for a single family residential property the interest would typically be $12,000 if the loan is kept for an entire year.
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AHL HardMoney, Florida, owner occupied, investment, hardmoney refinance.
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Florida-HardMoney.com is a specialty private money and hard money real estate broker. We have hard money lenders that will get you the money that you need. Hard money loans is our specialty. Our goal is to work with you as quickly and efficiently as possible to get you the mortgage loan you need.
Private Money Interest Rates do not fluctuate like institutional loans that are tied to common interest indices. The lender, the private investors, and we who fund the loans set the rates. The interest rates for 1st position mortgage notes are typically between 9.9% AND 13%.
The Florida Bar Foundation got a check this week for $23 million, its largest ever, as part of a Bank of america mortgage settlement that aims to provide legal aid for homeowners facing foreclosure..
The Associates Home Loan of Florida is a Tampa, FL based private money lender. They offer private refinancing, fix-and-flip hard money loans, investment.
Hello guys,I’m interested to become a hard money lender in the state of Florida. What is the requirement to become a HML in Florida? Do I need any licHello guys,I’m interested to become a hard money lender in the state of Florida. What is the requirement to become a HML in Florida? Do I need any lic