Tampa hard money lending is here to save the day if you need quick money for a hot investment. Maybe you’re running into trouble with securing financing through the bank. If so, hard money loans may be the way to go.
When the money is needed right way, Tampa real estate investors have relied on hard money loans for years. In contrast to a bank loan, approval for a loan can be a short as a few hours versus having to wait weeks. Any investor seeking to acquire a property with competing bids, Monroe Funding Corp can provide the cash.
It is easy to qualify for a Tampa hard money loan and approval is nearly instant. A loan based on assets receives approval by taking a look at factors like the property’s condition, providing investors the quick financing for projects like a fix and flip.
Monroe Funding Corporation is a leading hard money lender in Tampa. We differ from other local lenders by concentrating on a couple of essential items.
Why wait months for approval? Each step of the hard money loan process can be taken care of in a week or less. As a matter of fact, if all of the important requirements are immediately met, it’s possible to receive financing in hours.
There are lots of criteria that need to be met when going to the traditional lending route. Choosing Monroe Funding Corporation, restrictions are practically non-existent. We are exceptionally proud of our ability to focus on lenient borrower and property qualifications, something that is also extended to foreign nationals interested in Tampa investment property. We focus on the utmost acquisition potential regardless of property condition so borrowers receive prompt capital.
Are you in need of some help with the bidding process? We will keep it simple by taking care of written pre-approval and proof-of-fund letters at no cost to you. With this approach, the seller has the confidence of knowing that you have the monetary means to provide funding.
We take into the account the unique needs of each client and make adjustments as necessary. We provide simple guidelines, terms that are competitive, and there are zero transaction limits to worry about. Our products are geared toward assisting clients with their long and short term needs. We provide funding centered around single-family residences, apartment communities, and commercial real estate. We’ll be happy to schedule a consultation and discuss a plan that meets your requirements.
We are a private mortgage lender for real estate with fast and flexible loan programs that get you to the closing table quickly!