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There aren’t very many hard money lenders, Jacksonville, FL to choose from for investors or buyers looking for house loans for people with bad credit. We will lend hard money in Jacksonville Florida, as well as conventional, FHA, and Commercial.
Monroe Funding Corp is a hard money loans Miami mortgage lender serving Florida with a variety of products to fit the needs of real estate investors. Monroe Funding Corporation helps you fund your real estate investments in Florida.
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A hard money loan in Orlando is a way you can secure cash to or a line of credit, by first putting up real property you own as a way to secure the funding. Instead of going through a bank to get this money, these kinds of loans are usually offered up by other private companies and lenders.
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A hard money loan is a species of real estate loan collateralized against the quick-sale value of the property for which the loan is made. Most lenders fund in the first lien position, meaning that in the event of a default, they are the first creditor to receive remuneration.
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Competitive Terms: Our hard money loan programs range from 4.75% to 12.95% APR, and we lend up to 80% LTV, with loan terms ranging from 1 to 30 years. Consistent, Responsive and Reliable Service: At BridgeWell Capital we pride ourselves on providing unparalleled.
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Hard money lending, or private lending, is often misunderstood. Put simply, a hard money loan is an asset-based loan. Some people wrongfully believe that hard money borrowers are in financial trouble, when actually these types of loans were the original way to borrow money.