If you’re looking to invest in Manatee County real estate – whether you’re buying a house, an apartment building or another type of commercial property – it’s worth looking into whether a hard money loan might be the best funding option. This can be especially helpful if you’re a real estate investor looking to complete the purchase quickly and not be tied down by strict processes and procedures.
Unlike traditional loans and mortgages, hard money loans are issued by a private lender – not a bank or mortgage company. There are fewer eligibility requirements on the borrower. For instance, approval is based on the value of the property being purchased and borrower equity rather than on the credit history or credit score of the borrower. Terms and conditions are more flexible and the process is more streamlined than that of a traditional mortgage, which means you don’t have to battle through long wait times and other tight restrictions as you would with banks. This gives you the flexibility to purchase an investment property in Bradenton or elsewhere in Manatee County with ease.
When you work with Monroe Funding Corporation, you can rest assured we’ll make the process easy, quick and painless. Instead of waiting for weeks and months for a decision, we aim to have the entire approval process finalized as soon as possible — in less than 7 days in some instances!
We lend on properties in any condition and are there to help you every step of the way, from the bidding process to written approvals and proof-of-funds letters.
Monroe Funding can help you acquire property in Manatee County and our other Florida service areas without all the red tape. Let us help you take the steps you need to take to reach your financial goals!
Our hard money loans are reserved solely for real estate use. As hard money lenders, we have helped investors purchase commercial properties in several areas of Florida. Whether it’s a commercial building, a condominium or another type of investment property, working with a private lender allows you to be more agile and competitive when it comes time to make an offer on the property you want.
When you take out a hard money loan, you can expect to close much more quickly than you would with a traditional loan from the bank. The process is flexible and stress-free, helping you acquire property without all the fuss.
We tailor our terms and conditions to meet short or long-term needs, putting you in the driver’s seat of the overall process. Whether you’re interested in buying a single-family home, apartment building or other commercial property, hard money loans can make the approval process easy and painless.
The great thing about hard money lending is that it’s straightforward and to the point. This is what the hard money loan process looks like:
That’s it! No hoops to jump through. No long waiting periods.
If you’re an investor looking to take out a hard money loan, contact our team today. Fill out our loan application form on our website, and we’ll get back to you as soon as possible.
We are a private mortgage lender for real estate with fast and flexible loan programs that get you to the closing table quickly!