Why Should You Get a Hard Money Loan?
If you’re still not sure whether a hard money loan is right for you, our Palm Beach hard money lender helps you understand how it can help with your real estate purchase.
- Hard money loan approval is much quicker than traditional loan approval. You can get the funds you need in a few days, whereas you have to wait much longer for traditional loans.
- Hard money loans have fewer requirements than conventional loans. Borrower equity and property value are the most important bases.
- Traditional bank loans are extremely risk-averse and have a strict lending criterion. On the other hand, hard money lenders provide funds that you can’t easily get anywhere.
Why Should You Come to Monroe Funding Corporation?
Monroe Funding Corporation offers short-term loans that help fund your local real estate acquisition. These funds come from private investors, unlike conventional loans that come from banks or credit unions.
Come to our hard money lending company in Palm Beach, FL and experience our difference from other lenders.
First, we provide faster approvals. Traditional loans may take at least a month, but we can secure a pre-approval within a day or two. And, if you meet all the requirements, we can secure your pre-approval in minutes.
Second, we don’t base your loan application on your credit history. Instead, we base it on borrower equity and property value. So, you don’t have to worry about your loan application getting shot down simply because of a week credit history.
Third, we have zero prepayment penalties. Traditional loans may subject you to prepayment penalties before the maturation date. But, this isn’t the case with us. You can finish all your payments any time before the due date — without prepayment penalties.
Finally, we offer flexible payment terms. Our team knows that your circumstances are totally different from other clients’ requirements. So, during the initial consultation, we discuss with you the most agreeable payment terms.
Call us at 954-816-0388 for Palm Beach hard money lending services, today.
Monroe Funding Corporation is your dependable hard money lender in Palm Beach, FL. We provide a speedy pre-application process and flexible repayment schedules. Come to our lending company and we’ll help you get the refinance you need for your local real estate investment. Call or send us an email, today.
Making an Impact on Your InvestmentsWe are a private mortgage lender for real estate with fast and flexible loan programs that get you to the closing table quickly!