What Do You Get from a Hard Money Loan?
When you are in need of immediate funds for a potential real estate investment and you simply can’t get a traditional loan, consider hard money lending.
Quick Funding for Real Estate Investors
Real estate investors opt for private mortgage lenders for immediate funding. Unlike traditional bank loans, you won’t have to wait for several weeks to get the cash you need. For those who want to acquire a property with competing bids, we make you a cash bidder.
Qualifying is simple and immediate. An asset-based loan is approved based on the current condition of the property, meaning investors can obtain quick financing for their fix and flip projects.
Why Choose Monroe Funding Corporation?
Monroe Funding Corporation is the premier hard money lender in St. Lucie, FL. But, what is it that makes them different from other local lending companies? A lot! This is what they have to say.
- Speed: We don’t want you to wait a month or longer for loan approval. Our entire process, from pre-approval to the actual closing, takes less than a week to process. In fact, if you meet all requirements from the start, we can approve it in just minutes.
- Zero Restraints: Conventional lenders are strict when it comes to approving a real estate loan application. By choosing us, however, you have zero restraints. Our company has lenient borrower and property qualifications; even foreign nationals who wish to fund their property investments go through a hassle-free application process. We give you unrestricted acquisition potential regardless of your property’s condition so you can obtain capital for your next distressed property acquisition.
- Investor Services: Need help with the bidding process? We make it easier by offering written pre-approvals and proof-of-fund letters for free. This way, you are letting the seller know that you are capable of funding the purchase.
- No Transaction Limits: We adjust to each client’s loan needs. So we offereasier guidelines, competitive terms without transaction limits.Our products accommodate all clients’ short-term and long-term needs.Our funding is primarily for single-family homes, apartment buildings, and commercial properties. Schedule an initial consultation with us and let’s discuss the most suitable plan for you.
Is Hard Money Right For You?
Fix-and-flip investors. We have products with no points up front to minimize up-front investment and keep as much cash in your pocket as possible.
Buy-and-hold investors. we have lower interest products to increase cash flow for longer term investments.