Florida has more townhomes and condos than anywhere else in the country. Along with our full-time residents, we have many snowbirds and foreign nationals who want to spend some time in Florida’s fabulous weather. However, many of these potential owners have credit or income problems that prevent them from obtaining conventional mortgages. Foreign nationals can also have difficulty finding conventional financing. AHL Hard Money Network investors are experts in private and hard money financing for condos and townhomes. We specialize in having the best hard money sources for these types of properties.
Our investors have hundreds of financing programs to offer prospective condo buyers. If you own a free and clear property elsewhere, or want to obtain cash from your existing condo having no mortgage, AHL Hard Money Network is here to help. Once you have filled out an application, our private investors will meet with you to discuss your needs. We can often give you an answer on the spot. Depending on the value and condition of the property, you can obtain loans from $20K to $1M. Our investors look at your ability to repay the loan, not your credit regardless of if it is poor or even nonexistent.
You may have had previous credit issues that banks can use as a justification for denying you financing, but AHL Hard Money Network looks at accumulated equity to secure our loans. We understand that people have had money problems in the past, but that should not stop you from getting the money you need. Our investors typically will fund up to 55% of the loan-to-value or LTV of the property, so you can expect about $50K if you have a $100K of condo value. Many banks do not want to offer equity-based financing, or you might wait for weeks only to find you have been denied. Our investors can tell you quickly if your loan is available, and we use “makes sense” underwriting to get your money quickly and easily.
Getting your hard money loan from AHL Hard Money Network is easy:
Fill out our application
Private investors will contact you directly
The investors will visit and inspect the condo
You will receive a quick answer to your loan request
A title search and appraisal will be ordered
After all steps are completed you can expect to receive your loan in about 21 days or less
Be aware that some condo associations can charge you fees for loan reviews if they have had other owners foreclosed with a resulting loss in HOA fees
Come to AHL Hard Money Network today for your condo or townhome loan and get cash for debt consolidation, paying income or property taxes, home improvements, getting extra cash reserves, or any other needs you have. We can help customers in Tampa, Miami, Orlando, Ft. Myers, Sarasota, and everywhere in between. We can get money for foreign nationals without looking at credit and can offer up to 50% LTV. If you are an investor with several condos we can arrange a blanket loan for them. If you are an out-of-state resident with a free and clear condo in Florida we can get you money. Don’t go through the bank hassles with no guarantee of loan approvals — come to AHL Hard Money Network today and get your money quickly and easily!
Hard Money Network is provided by investors who offer equity loans for free and clear properties in Florida. We at AHL Hard Money Network are a lead and marketing company that connects borrowers with hard and private money investors and we provide educational resources on hard money for potential borrowers.