Paying off your home mortgage is a time to celebrate! Then comes a time when you want to access that equity for some other purpose. You may want to pay off another loan, clear IRS liens, make renovations, or add more space to your home. When you go to the bank for a home equity loan, they turn you down because you have less than perfect credit or you have a previous bankruptcy on your record. If this has happened to you, come to AHL Hard Money Network for an equity-based hard money loan.
You may have worked hard to pay off the mortgage on your home over many years. Now you need some cash to do renovations or pay off other debt and the banks turn you down. If you are self-employed or have less than perfect credit conventional banks will often not provide you a loan. Is a hard money loan a good choice for you? AHL Hard Money Network says yes and here is why.
If you have a free and clear home, townhome, condo, or vacation home with no mortgage, AHL Hard Money Network can help you get money from the accumulated equity with a home refinance. Conventional bank refinancing may not be available to people who:
You have a paid-off home here in Florida and you want to access the equity, but you have bad or no credit. The banks and conventional lenders turn you away because you can’t meet their strict underwriting guidelines. Is there anything you can do?
You spend many years paying off the mortgage on your home and in the process you are building a great deal of equity. If you have poor credit this equity may not be available to you from conventional lenders with strict underwriting guidelines. This is not an issue when you deal with AHL Hard Money Network. Our loans are secured by that equity, thereby eliminating the need for your credit to be reviewed.
You spent years paying off your home mortgage, and now you want to use some of that equity for home improvements, to buy a vacation property, or pay off taxes. But, you have less than perfect credit or a previous foreclosure or bankruptcy on your credit report. The conventional banks turn you down — what can you do?
*We do not issue approvals. We are a marketing and lead portal. You will be contacted directly by our private investors. They will call you directly to determine the value and equity in your home and to help you throughout the approval process. Each inquiry is on a case by case basis. Thank you.
