Florida Cash-Out Refinance Guide with Bad Credit
Many Florida homeowners have less-than-perfect credit and they try to apply to banks to refinance and get cash out of their homes, condo, or vacation home in Florida. Unfortunately, bad credit, being self-employed, income issues, employment gaps, and judgments or liens prevent them from getting a Florida cash-out refinance or home equity loan. Thousands of Florida homeowners get declined by a bank or credit union each for having made a few mistakes and less-than-perfect credit. We love these customers and we appreciate hard-working Florida homeowners who seeking to refinance but can’t get approved.
Debt Consolidation through Refinancing
We strongly urge anybody who finds themselves underwater with several lines of debt to consider debt consolidation through refinancing. Rather than just ignoring the problem or declaring bankruptcy, there’s usually a more prudential way to approach personal debt. Here, we want to look at some ways you can positively affect the rates you’re paying on your loans by consolidating.
You Can Qualify for a Home Equity Loan with Bad Credit
Are you worried that bad credit might disqualify you from obtaining a home equity loan? Be not afraid. A H L Hard Money likes to explore creative ways to secure loans and manage debt so that you can still afford important purchases without becoming insolvent.
What Exactly is Cash-Out Refinancing?
If you are a home or business owner with a property that has accumulated significant equity, cash-out refinancing may be for you. To learn exactly what cash-out refinancing is, keep reading.
Florida Commercial Hard Money Cash Out Land Refinance
Florida commercial loans are in high demand for developments taking place all over Florida in cities like Tampa, Sarasota, Orlando, Naples, Ft. Lauderdale, Ft. Myers, and Hollywood Florida. For commercial land loans, many banks will consider if you have 650 credit and can prove your income with W2s. However if you cant or don't have traditional income, then what do you do?
Condo Hard Money Refinance Loans
Florida is number one in the country with condo developments, condo sales, and certainly more people retire here than any other state. We have foreign nationals buying condos in Miami, Ft Lauderdale, Hollywood, West Palm Beach, Naples, and Sarasota, and condos as vacation and secondary homes in Orlando. Condo sales have risen steadily over 20% with many gaining over 30% in equity values over the last few years. It's easy to see that the Florida condo market and townhome market that many borrowers have a need for capital and to pull funds out of their rising equity. Let our private investors win your business and offer you the best hard equity loan on the market with lightning fast closing times and stress-free closings. No upfront fees to the borrower ever!
When is Cash-Out Refinancing a Good Choice?
If you own a home or property, you may be interested in cash-out refinancing in Florida. Cash-out refinancing is an excellent way to get the money you need quickly. To learn more about how cash-out refinancing works and when it is a good choice for you, continue reading. (more…)
What is Cash-Out Refinancing and How Does It Work?
Cash-out refinancing refers to the process of refinancing a home or business for more than the existing mortgage, thereby allowing cash to be returned to the borrower. For home or business owners who have properties with substantial accumulated equity, cash-out refinancing can provide funds for renovations or perhaps a business expansion. (more…)
Tampa Residents, Learn about Cash-Out Refinance Hard Money Loans
Tampa residents may need cash and quick turnaround on their financing . AHL Hard Money Network can help with our Florida cash-out refinancing programs. With our programs, you can refinance and get extra cash from the equity you have accumulated in your home or commercial property. (more…)