What is a Hard Money Loan?
A hard money loan comes from private money lenders, as opposed to a conventional loan from a bank. We mainly lend to those looking to buy investment properties in Florida. Because we are a private lender and not a bank, we don’t base our lending decisions on credit scores. Instead, we approve loans based on the value of the property being purchased.
We specialize in providing loans for a variety of real estate transactions, such as short sales, REO (bank-owned) properties, and foreclosures.
Hard Money Loans for the Orange County Real Estate Market
If you’re an Orange County real estate investor in need of cash, Monroe Funding Corp. should be your first stop. If you need money quickly to remodel your rental property, private money lenders like Monroe Funding Corp. can get you the fastest results. We can process your application and get you money in as little as three days.
We provide more than just real estate loans to own a property, including fixing and flipping, bridge loans and other hard money loans. Our specialty is providing a diverse set of real estate loans, such as loans for sellers and financiers, trust deeds, and distressed property loans.
Hard money lenders in Orange County, FL can be key to making your real estate deal happen.
If you need funds as promptly as possible to seize upon a lucrative real estate investment or you are unable to obtain financing through a traditional loan, consider hard money lending.
Fast Funding for Real Estate Investors
When immediate funding is necessary, real estate investors often go with hard money loans. As opposed to traditional bank loans, the customary approval waiting period is reduced from potentially weeks to mere hours. For anyone wishing to acquire a property with competing bids, we provide the ability to offer cash.
Qualification is simple and practically instantaneous. An asset-based loan is approved by examining factors such as the existing condition of the property, meaning investors can quickly receive financing for a project like a fix and flip.
Why Should You Go with Monroe Funding Corporation?
Monroe Funding Corporation is the premier hard money lender in Orange County. Mortgage broker Orange County stand out from other local lenders by focusing on several key items.
Speed: We don’t believe in having to wait over a month to receive approval. Our entire process, from pre-approval to the closing stage can be done in under a week. In fact, if you meet all of the initial requirements, we can approve you in just minutes.
Zero Restrictions: A conventional lender has a strict set of criteria that must be met to receive approval. By going with Monroe Funding Corporation, there are no restraints. We take pride in providing borrower and property qualifications that are lenient. In fact, even foreign nationals seeking property investment funding are able to navigate an application process free of hassles. We maximize your acquisition potential no matter what condition a property may be in so you can receive the capital you need promptly.
Investor Services: Do you require assistance with the bidding process? We’ll simplify it by providing written pre-approvals and proof-of-fund letters at no additional cost to you. Using this method, you are informing the seller that you have the means to provide the necessary funding for the intended purpose.
Zero Transaction Limitations: We make adjustments based on the distinct needs of each client. Our guidelines are simple, our terms are competitive, and we don’t believe in transaction limits. Our products are centered around catering to the long and short term needs of clients. Our funding concentrates largely on single-family homes, apartment buildings, and commercial real estate. Feel free to schedule a consultation with us and we’ll find a plan that works best for you.
Is Hard Money the Solution for You?
Fix-and-flip investments. We have products that require no upfront points to reduce upfront investment while ensuring more cash remains in your pocket.
Buy-and-hold investments. We have products centered around low interest to boost cash flow for longer-term investments.
We are a private mortgage lender for real estate with fast and flexible loan programs that get you to the closing table quickly!