As interest rates or rising, inflation is rising banks or getting nervous and tightening the federal guidelines for lending. Many good borrowers with less-than-perfect credit will not be able to get a loan to refinance or home equity loan.
Our pool of private and hard money investors enjoy working with good borrowers of all types of credit. Hard and Private Money Lenders are seeking Equity in your home, condo, commercial property, investment properties, and vacation homes as your credit. They will allow you to borrow money based on the equity in your Florida Real estate with make-sense underwriting and lighting fast decisions without waiting, 30, 60, or 90 days to get a decision.
Your credit is bad
You have no credit
Your income is not up to par
Your employed history has gap over two years banks will not allow this
You have previous liens, foreclosure, and judgments - all a problem for banks, not private money investors
You are self-employed and depreciate all your income. This is an automatic turndown for a bank. However, for hard money lender, they will analyze your bank statements
A big part of your income is rental income which is allowed by private money lenders
Our network of hard and private money lenders will allow you to borrow against the equity in your Florida home not using credit. You can expect this when you apply for a Florida Home Equity loan with bad credit.
Our Private Money Investors will allow you to borrow up to 65 of the value of your home leaving plenty of equity available and use your income and equity to get you qualified. They or flexible with DTI ratios where the banks will not be so flexible. Easy underwriting, once you have your approvals they order title and appraisal and get a few income documents and your loan application. The whole process is much easier and streamlined then a long bank application and then waiting 60 days and maybe get turned down.
Loan sizes vary with the lowers usually 30k up to 1 million loan amounts and various terms to be discussed with your loan officer and underwriter in the loan process. Your loan officer will always be available to answer your questions and direct access as well with your hard money lender. The loan process is easy, fast, simple, low stress and peace of mind is what you can expect when you try to get a Florida Hard Money Home Equity cash out refinance loan. Just because your credit is less than prefect you deserve a loan tailored to your financial needs. You deserve to get approved quickly and have a free proposal showing you how much you can quality for based on the equity in your home. This is a short term loan with the goal to help you improve your credit and quality for a better loan in the future. It’s a short term solution.
To pay of high interest credit cards
Pay of car payment
Use to Invest
To start a New Business
To Purchase Another Home
To pay of liens or judgments
Borrow cash out for Home Improvement
Pull cash out for college tuition
For medical reasons
The smartest reason I hope for most borrowers is to pay off high-interest credit cards, and take the thousands in saving and pay down your loan, improve your credit pay paying off high revolving debt, taking that saving and reinvesting the money. Eliminate debt and take control of your financial freedom. Call AHL Hard Money Network today at 813-368-9919 or apply on our website!