Owner Occupied & Residential hard money loans. There are many circumstances which result in a borrower being denied a residential mortgage by banks and credit unions, causing the borrower to turn to a residential hard money lender to obtain a hard money loan for their primary residence:
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Loan Programs. With over 31 years of real estate & private hard money lending experience, we will close your loan fast with the most competitive interest rates and closing costs. We arrange both residential and commercial loans within the state of Florida
Florida hard money loans have become an essential tool for borrowing and investing in Florida. Even well qualified borrowers are having trouble getting banks and traditional mortgage lenders to approve and close their loans. Banks have gone so far as to reduce interest rates on deposit accounts in order to drive cash away from their companies.
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Fairview is currently focusing on Residential hard money loans (and commercial hard money loans) in Colorado, Georgia, and Florida How is Residential Hard Money different from a bank loan? The following table summarizes the key differences in loan characteristics between a conventional bank loan and a residential hard money loan from Fairview.
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Private Lending in Florida – Rules & Regs. 34 Replies Log in or sign up to reply 1; 2. Mortgage Loan: Any: Residential Loan primarily for personal, family, or household use which is secured by a mortgage, deed of trust, or other equivalent consensual security interest on a Dwelling, as defined in s. 103(v) of the federal Truth in.
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We are a direct and full-service licensed mortgage lender, specializing in Hard Money, Private Money, and Short-Term Bridge Loans.. Whether a purchase, refinance, or cash out, EquityMax specializes in quick underwriting and funding.. Besides our flagship loan programs in Florida, EquityMax also lends throughout the Southeast United States
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