Florida Hard Money Loans for Real Estate Investors The Norris Group provides millions in loans for professional real estate investors every month. We enjoy a proven track record of quality real estate investments and are committed to making the process easy and fast.
LendingHome is a modern mortgage lender. We offer short-term hard money loans, and easy access to a portfolio of high-return real estate investments.
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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.
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RCN Capital is a nationwide, private direct lender. Established in 2010, we provide short-term fix & flip financing and long-term rental financing for real estate investors. Our loans, often called hard money loans, range from $50k to $2.5M and can be used for the purchase or refinance of non-owner occupied residential & commercial properties.
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As far as investors refinancing hard money loans, this can be done as a rate/term refinance (just the 1st mortgage lien recorded at closing) anytime or cash out after 6 months. From the way that I read the guidelines for Fannie, investors that use their own cash for purchasing and rehab cant get those funds back for 12 months.
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Florida hard money loan applicants obtain hard money Florida home loans typically because they are bad credit florida mortgage applicants and they do not qualify for traditional loan because they have acceptable credit or no credit score florida loan documentation typically required by conventional Florida mortgage lenders. According to the new Dodd-Frank Act of 2010 enacted as a result of recent massive foreclosures the federal law now requires that all Florida hard money lenders verify.