Equity is Your Ally: How Hard Money Loans Utilize Home Value

home equity

When it comes to real estate endeavors, sometimes traditional financing falls short. Tight timelines, unique property types, or even less-than-perfect credit can make securing a loan from a bank an uphill battle. But fear not, homeowners! This is where hard money loans come in, and your home's equity can be your greatest ally.

Understanding Home Equity

Equity is essentially the portion of your home you truly own. It's calculated by subtracting your outstanding mortgage balance from your home's current market value. Let's say your home is appraised at $300,000 and you still owe $150,000 on your mortgage. In this scenario, your home equity would be $150,000 ($300,000 - $150,000).

Hard Money Loans and Equity: A Powerful Combination

Unlike traditional lenders who focus heavily on credit scores, hard money lenders from AHL Hard Money Network primarily consider the value of the property itself, also known as the loan-to-value (LTV) ratio. This means your built-up equity holds significant weight in securing a hard money loan.

Here's how it works:

Unlocking Your Potential

By leveraging your home equity with a hard money loan from AHL, you can turn your real estate aspirations into reality. Here are some scenarios where hard money loans shine:

Equity is a powerful tool, and AHL Hard Money Network is here to help you use it to your advantage. Contact us today at 813-368-9919 to discuss your real estate goals and explore how a hard money loan can turn your home equity into the key to unlocking your financial potential.

Florida Hard Money Loan Refinance and Equity Loans

Customer talking with finance advisor

If you own land in Florida there are very few places that will do a Florida land loan, vacant lot, or commercial land deal. Many banks will not consider just raw land deals. We have Florida's largest portal and network of private and hard money investors who are actively looking for your free and clear land deals. 

Types of Land Deals we are seeking to fund in Florida:

How Much Will the Private Money Investor Approve Me?

The typical approvals for a land deal would be 50% to 60% of the appraised value of the land. You must have an appraisal done on all Florida Refinance land hard money loans. The loan is a hard money land loan. Terms and rates vary. No out-of-pocket expense. 

Types of Florida Land Loans

Lot Loan

You own half an acre to one or two acres and it's free and clear zero mortgage and you have bad credit and you're looking to pull cash out of your real estate. Our investors will base the loan amount purely on the value of your lot. This would be 50% of the value of the lot. This can be anywhere in Florida. The more acres you have the better the loan offer. This is a simple fast closing, usually taking two less or less if your title is clear.

Waterfront Land

Florida has the largest concentration of waterfront land the panhandle, the west coast and the east coast. If you own Florida waterfront land and you're seeking to pull cash out of your waterfront land that is free and clear. Our hard money land investors will drive and look at your property and then make an offer on what they are interested in approving. The value of the property and demand is what the offer will be based on. Waterfront land today is getting an ultra-premium in Florida. So, chances are, your offer will exceed your expectations.  If you own waterfront land in Sarasota, Hollywood, West Palm, Boca Raton, Naples, Ft. Myers, Panama City, or Destin, please call us we would like to hear from you. 

Agriculture Land

If you own a nursery, and you're growing trees or plants, and you own 2 to 5 acres or more, no problem. We certainly can help you. If you own 25, to 50 acres of land in Florida and you are growing crops and it's free and clear. Yes, you can borrow up to 50% of the value of the land. If you own 100 acres to 200 acres free and clear of agriculture in Florida our investors can help you get the cash out for you in 21 days or less. Many oranges, strawberries, blueberries, timber, watermelon and sugar cane and other crops. It doesn't matter. our hard money land specialists will visit your property and do an evaluation to determine how much you can borrow, and this is free. They have hundreds of years of experience in agriculture land deals in Florida. 

We get many borrowers who have a lot or two lots in an upscale community that is gated. The value might be $500,000 per lot to $1,000,000 per lot. This is not a problem. We will be able to get you 50% loan-to-value of the value of the property on your Florida gated community lot loan. You need a team of experienced land underwriters and private money investors, who will understand how special your property is. A bank can't offer the specialized service we can. You get the person who will be make the approval to drive to your home, sit down in your living room and talk to you face-to-face about your very special loan request. This makes a big difference when building special relationships that we have with our clients over many years, at least we think so.

Golf Course Loan

A golf course Florida land loan is just that a land loan. Most do not have a super nice clubhouse. If you do, we will consider that in the value. Many golf courses are 15, 20 25 30 acres. We will look at the specialized value, factoring in, the location, demand, homes in the area. Value of the land selling in smaller lot sizes. Care, time, effort, and specialized proposal will be put together it might take a week or more to get the offer. We ideally like the land to be free and clear or just a small mortgage. We cater to many golf courses in Florida. Florida has a large number of golf courses in the nation. You want to get yourself the best shot at getting the most value of your golf course refinance request. Please contact us. 

Mobile Home Parks with Land Free and Clear

Florida has the largest concentration of mobile home parks in the country. Our hard money investors have closed many mobile home parks that have 10 slots, 20slots, up to 100slots. They have plumbing, electricity, paved roads, and the infrastructure is built up. Some nice ones have an office building, pool area, wash areas, and a nice clubhouse. We know all the special factors that must be evaluated to take into the account the Florida of your mobile home park refinance approval. It typically takes, one to two weeks to put the proposal together and then once you say yes, about another two weeks to get the refinance done.

Commercial Land Lands Used to Help Build the Structure  

We get large requests for commercial land, 2 million, 4 million, up to 10 million in free and clear land. Then they are building the roads, and electricity, and need cash to help start the construction of the buildings, maybe apartments, retail space, or stand-alone business. We might set the loan on draws as each phase of the construction is set, our experienced team of hard money investors, have the knowledge, and construction experience, will meet with you and your partners and lay out the loan and draws they expect up to 60% of the value of the land more than 50 loan to value. Great terms and rates. 

When you are seeking a Florida commercial land refinance to help get your project and building started, please consider us. 

It typically takes two to three weeks to close your land deal. Larger deals will take up to 5 to six weeks. Once an offer is made our team will order title and appraisal on the deal. You will submit your income documents, get your application in, letters of explanation, and meet with the investors as needed. This is an easy, simple, process that we have done hundreds of times. You want to deal with a team of experienced, knowledgeable, who have done this over and over. We want to build trust and make the loan process easy and fast so you have peace of mind your funds will be there when you expect.

Guide to Getting a Florida Hard Money Land Loan Refinance

When you go to a bank and try to do a land refinance chances are they will not approve you. Land loans or a niche type of lending. Only a few lenders will do land loans. We want to give borrowers a guide to getting a land loan refinance in Florida. If you own any type of land and its free and clear 100% equity in the land we have a network or portal of private investors who can evaluate your land type, location of the land, value of the land and determine how much they will lend on your land request. Our investors take the long process of maybe 1 to 2 months and can close your land loan in as little at 14 days.

How do i refinance my land loan in Florida?

The quickest way to refinance your land loan in Florida is to call a hard or private money lenders. And give them the details of your land type. IS this a vacant lot your looking to build future house on, do you own rural acreage, do you own land on a farm, golf course, commercial land, or waterfront property. The value of the land of course depends on the location.? What did you pay for it, How long you have owned it.

How much can i borrow on my land loan?

Hard and private money investors will usually loan up to 50 to 55% of the value of. your land. The loan to values or way lower than any other type of real estate or if you had a home , or condo or mobile home on the land. Terms and condiition will vary depending on which lender you decide to go with.

Our underwriting team can handle any type of land deal as they have closed on 50 to 100 rural acres in Florida, to multiple residential lots next to one another in the city and did a blanket loan on several lots, we have commercial land loans in high dense population areas, and waterfront land loans or very popular in Florida as the whole state is surround by land.

What parts of Florida do you do land loan in?

The whole state of Florida, Tampa, Miami, Naples, Ft. Myers, Orlando, Panama City, Jacksonville, Sarasota, Clearwater, West Palm, The Keys.
Any where in Florida i hard money investors will be happy to look at and consider your land deals and make you and offer.

How much can i borrow on my land Loan?

You can borrow up to 50% to 55% of the value of the land. If your own waterfront property value at 1,000,000 you can borrower 500k, and if you own 200 acres of farm land valued at 1,000,000 is the same you would get 500k land and still have 50% equity in your land. If you own commercial land in downtown Miami, Orlando your land could be worth 1million to 10 million dollars. Many times we dont need a appraisal done saving you the borrower thousands of dollars.

How to i get a Florida Private Money Land Refinance?

You first call you hard or private money investor, they will take and application and get the basic information they need to give to the investors.
The Investor will contact you the borrow and set up and appointment to determine the value and inspect your land. They meeting they will take the information they gather on your property can call you back in a day or two to give you an approval and amount you can borrow. An application will be done, and income documents will have to be submit. They is a simple process and doesn't require many documents. Most times they will skip and appraisal, and title must be ordered. Once title comes back, you will review you loan documents and once you okay with the numbers a closing time will be set. You will show up at the closing and get your cash 3 days later. Each step of the way you special representative will be there to answer any questions, help you get the documents you need, and answer any questions. you may have about your loan and when it will close.

Our group of hard and private money land loan Florida investors have hundreds of years of experience to help you qualify and get the many you need. You can trust and rely on our experienced team of underwriters to make the process simple, easy, fast, no bank hassles and upfront fees or appraisal fees. We hope you now have a better guide and understanding to getting and qualifying for your Florida land loan refinance.

Hard Money Loans in Tampa

Are you interested in alternative finance options to pay for a home improvement project, settle several, or make major purchases, and live around Tampa?

AHL Hard Money Network can help you finally get financing after suffering rejection from traditional lenders. We offer a safe, sustainable, and viable way to leverage legitimate assets to borrow money. Here’s how it works and why it’s popular among our Tampa-based clientele.

Tampa Hard Money Loans

What is a Hard Money Loan?

Hard money loans allow you to take advantage of private property equity to obtain a loan. The way this works is a private investor lends money, based on the value of your home (or other asset), by placing a first trust mortgage on it. How much you can borrow depends on the home value, but these tend to be shorter-term loans, ones you’d pay back within less than a year.

This does not require a credit score, background checks, or any of the usual red tape you’d experience with the banks. In fact, many self-employed Floridians take this approach when they can’t provide proof of income, but still need to borrow money.

How Does This Apply to the Market in Tampa?

Tampa can be a somewhat expensive place to live, start a business, or pay for a home renovation. That’s why AHL Hard Money Loans works with folks in this area, providing loans that span anywhere from $25,000 to $1,000,000.

The best part about this approach is that it can help you take advantage of the Tampa community’s rising property values. Appreciation rates have been as high as 20% in areas like Brandon, South Tampa, or Northdale. This means you may be sitting on a house, condo, or other real estate with much more equity than when you first purchased it.

So, if you’re facing significant financial trouble with back taxes, need to consolidate debt, or replace your car, now’s the best time to put your property value to work. We can steer you in the most lucrative direction with effective and comprehensible hard money loans.

Other Ways to Use a Hard Money Loan in Tampa

So, if these sound like the issues you’re facing right now, then we hope you’ll partner with AHL Hard Money Network for reliable solutions. Our system is the best way to beat the headaches and hassles of going through banks and traditional lending groups. Call us anytime to learn more about hard money loans in Tampa at 813-368-9919.

Refinance Your Luxury Condo in Miami with Bad Credit or No Credit

The largest concentration of condos in the country is in Miami with and also the most expensive outside of New York City. Miami is a mecca and international hub for business and finance. Its also some to some incredible luxury condos lining the beach, with many amenities for their homeowners who have invested great money in their condos. What financing options do the condo owners have when the banks say no, or they get turned down, or have bad credit or no credit.

Miami Condos at Night

The homeowner/condo owner must utilize the equity they in their primary condo, or investment condo property. They have gone to the bank and credit union and been turned down for a refinance or home equity line of credit to use. Now they must leverage the equity in that beachfront condo to access the money they need. Our private investors will allow 65% loan to value, lets say you bought the condo free and clear for 1 million, you could get up to 650,000 assuming you can the income to pay the loan back, Maybe you own the condo free and clear and its worth 2,000,000 and you need 1 million to start a new business our investors will do a 50%. Many times as recently we have a condo owner who had a condo on and need to pay the back property taxes and often times the borrower had had lingering financial troubles and wasted to much time waiting on the banks. Missed several mortgage payments and now the luxury condo is in foreclosure. 

When you need to borrow against your Miami Luxury condo with challenged credit, no credit, or bad credit you should do the following steps:

Our Investors like the condos in the Miami area because of the high values and low loan to values and keeps their risk low know that 90% of the borrowers will make their payments on time going forward because the loan to value so small. The we help customers who are good borrowers but just need a helping hand and we will look at your bank statements, leases, and alternative types of income documents where banks will be much tougher. And if you self-employed no problem our underwriters specialize in helping and making the loan work for self-employed borrowers making you loan process simple fast and easy. 

Owners who would benefit from a Florida Luxury Hard or Private Money Refinance:

How long does it take to close your Florida hard money condo loan?

It usually takes two to three weeks to do your underwriting, get your title and appraisal ordered. The underwriters will analyze your income and make sure all is in good standing and you will get your closing documents a few days before your closing to review them. We help hundreds of Miami condo homeowners, get the cash and funds they need to start a new business, purchase another business, use for investments, pay off the IRS, stop foreclosure or condo tax deed sale. Let us help you when you have been turned down by the banks or credit unions. Contact us today by calling 813-368-9919 or filling out the form on this page.

Hard Money & Debt Consolidation Loans: What to Know 

One thing most consumers don’t get an education during their formative years is financing. Each year, millions of dollars are racked up in debt, and many people struggle to get them paid off in order just to get their heads above water. However, there is a way to obtain financial help via a hard money loan.

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What are the Top Three Advantages of Florida Hard Money Loans?

Are you looking for a faster way to obtain financing without having to claw your way through traditional lending mechanisms?

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Florida Closure Loan Refinance and Guide to Saving Your Home

Florida homeowners sometimes stumble financially and have a few hick ups making their monthly mortgage payments for personal, health, or work-related reasons. These are good borrowers who face real-life situations that present them with a unique financial obstacle and it may cause them to get behind on a few payments. The downside to this is that the financial bank or credit union may start a foreclosure process. This is a very mentally stressful time for the homeowner who many times has no place to turn to for help or guidance. We have successfully helped hundreds of borrowers save their homes and be able to get a fresh start with a new mortgage. Most banks, credit unions, or Alt-A lenders do not offer any alternative to helping the borrower. Your current mortgage lender may decide to work with you and make modifications to your current payment or help you catch up on late payments; however, this is not always the case. Often the Florida homeowner faces a foreclosure process and has about 2 months to either refinance, due to Chapter 7 Bankruptcy or the home will go to sheriff's sale. This is not an option we like to help our clients use the current equity in their home to pay off the current mortgage lender and help them start over with a new fresh start, saving the largest investment they have: their home.

Things for the Homeowner You Get a Foreclosure Process Notification 

1. Do not ignore this deal with it head-on. The more you delay, the harder it is for the new lender to help you.

2. Don't go into denial. If you reach out to your current lender and they can't help, please take action. The problem will not go away.

3.  Please don't let the home be one week away from the foreclosure sale and expect any lender to close in one week. This is not fair to the lender.

4.  When you find a new lender, get them the papers they need the same day or next day. Time is of the essence in this type of transaction.

5.  Don't argue with your new lender they or the ones saving your home. Your current lender is foreclosing on you. Help the lender; don't create problems.

6   Work with your new lending team, Don't waste time. Every day is vital to helping your new deal close. 

By following these steps, you will help yourself save a lot of time, patience, stress, and mental exhaustion, and give your new lender a fighting chance to save your greatest asset: your home. 

By finding a hard or private money investor, they will use the equity in your home to help save your home from foreclosure. Also they or taking a chance that you will make your new mortgage payments on time. Hard and Private money usually besides filing chapter 7 is the only way to stop your foreclosure. These lenders are specialized in closing deals n 14 days or less especially when time is so vital and urgent with a foreclosure. Our Investors will visit your property, determine the equity in the home and place a 1st first lien against the equity only. Credit will not come into play. Hard money lenders and investors realize that good people have situations that arise that put a strain on their finances and strech them putting them in bad financial circumstances. They are willing to give second chances and help the homeowner get a new mortgage only against the equity in the property.

Steps in the Foreclosure Loan Process:

1. Call a Hard or Private Money Lender or an Investor

2. The investor will make an appointment to inspect the property

3. An approval will be issued if there is enough equity to make your deal happen.

4. You will get an application and documents to review and sign.

5. Please get your income documents to the underwriting team on time.

6. The underwriting team and investor may have you write a letter of explanation.

7. Oder title and appraisal no out of pockets expense to the borrower.

8 Get your final to close your deal.

9. Close your deal at the title company and save your home.

Following these simple steps will help give you 100% better chance of securing your new hard money loan, save your home, give you a fresh new start, save you time effort, and mental stress you would have faced if you lost your home.  Our underwriting team has hundreds of years of experience saving homes, helping borrowers through the loan process, giving advice and making the whole foreclosure loan process more easier and less complicated.  Our team will help you all over the state of Florida if your home is in Tampa, Ft. Myers, Naples Orlando, Sarasota, Tampa, Jacksonville, and Miami. We have a large network all over Florida ready to help you save your home. Thank you.

Florida Hard and Private Money Debt Consolidation Loan

We have tons of clients that come to us with overwhelming debt many times paying 3,000, 5,000 up to 10,000 a month in credit card debt paying 15 to 20 percent. They have tons of equity in their home, condo, and investment property but bad credit and can’t qualify for a bank loan.

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Private Money Florida Debt Consolidation Loan

A Florida Hard Money Debt Consolidation loan is using a mortgage loan and paying off all your debt and only having one payment each month. You will use the equity in your primary residence and pay off all your credit card balances and make one single payment each month.

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