How To Get Approved For A Hard Money Loan
There’s no way around it. If you want to make a real estate investment valued at $10 million, $15 million, or even up to $20 million (or higher), more often than not you’re not going to have that much capital sitting in the bank. A hard money loan is going to be needed so that you can fund the purchase and investment you are making. If you are in this situation as a real estate investor, and want to ensure guaranteed approval for the funds that you are applying for, californiahardmoneydirect.net can help you with your application and approval of your loan.
Will you be approved?
As long as your real estate investment makes sense, you are likely going to be approved as an investor with californiahardmoneydirect.net. When you’re applying, you will lay out your plan, the reason for the purchase, and highlight how you plan on using the funds to purchase a property. Whether it is a commercial, mixed use, or refi property, or a residential property, you can apply for hard money loans with the top lender. In many instances, even if it is a new construction, the lending specialists can work with you to line up the credit you need, in order to make a move on the property. Same day pre-approval is also guaranteed for most borrowers who can highlight the validity of the real estate investment they’d like to make.
How much can you apply for?
With californiahardmoneydirect.net, you can apply for funding of up to $10 million for residential investments you’d like to make. A condo unit, apartment, or housing development. And, if it is in the commercial sector, the team will approve your loan for up to $20 million in some cases, for the major investment your real estate firm is planning on making in Los Angeles, and surrounding suburbs. As long as the investment makes sense and you have a plan in place, you will find that your loan is likely going to be approved. And, with rates under 10%, it’s a great way for you to start building your empire, and reduce the amount you’ll owe in interest, in comparison to other hard money lenders.
If you plan on making a major real estate investment, you are probably going to require some additional capital. If this is the case, turn to California Hard Money Direct to finance the purchase, and help you make that well-planned out investment today.