by monroefund | Oct 17, 2019 | Blog, hard money lenders Miami, hard money lending Miami, hard money loans Miami
The appraisal is an important part of the refinancing process. Investors need the reassurance that the home value is well above the refinance level. Chances are they won’t accept loans for values too close or even above the appraised value of a home. There are steps...
by monroefund | Oct 3, 2019 | Blog, hard money lenders Miami, hard money lending Miami, hard money loans Miami
Many homeowners look forward to the day their mortgage is paid off and their home belongs to them, free of debt. Some people may be able to pay cash for the home and own it free and clear from day one. While not many can pay cash for a home even if they wanted to, it...
by monroefund | Oct 2, 2019 | Blog, hard money lenders Miami, hard money lending Miami, hard money loans Miami
Buying a home means having to make several important decisions. Among them, you’ll need to figure out how you intend to provide financing. This often means choosing between cash or applying for a mortgage. Buying a home with cash has its benefits if you have the means...
by monroefund | Sep 18, 2019 | Blog, hard money lenders Miami, hard money loans Miami, mortgage broker Orange County
Ever since the issues with the housing market circa 2008, traditional lenders have upped their mortgage lending requirements substantially. If you have defaulted on a previous loan, if you have unpaid credit card bills, if you owe child support, collections, unpaid...
by monroefund | Sep 5, 2019 | Blog, hard money lenders FL, hard money lenders Miami, hard money loans Miami, Uncategorized
A hard money loan is typically secured using real estate. This begs the question, “Is it possible to secure a hard money loan without the use of real estate?” There is no definitive yes or no to the question as it will depend on several circumstances.A fundamental way...
by monroefund | Sep 5, 2019 | Blog, hard money lenders FL, hard money lenders Miami, hard money lending Miami, hard money loans Miami
There is the common term “hard money” which most people are familiar with and then there is “soft” money, which may not seem quite as familiar. These two share a few similarities, but there are also significant differences. Let’s take a brief look at the two and how...
