What are Hard Money Loan Requirements?
Key takeaways Hard money loan requirements focus primarily on the property’s value, with larger down payments (20-30% of ARV) and less emphasis on credit scores
An inquiry does not affect your FICO® Score.
An inquiry does not affect your FICO® Score.
$40,000 to $10 millionRepay in 2 years
$40,000 to $10 millionRepay in 2 years
$40,000 to $10 millionRepay in 2 years
$1,000 to $25,000Repay in up to 5 years
We help brokers get private
loans for their clients. Refer Now
We help brokers get private loans
for their clients. Refer Now
$40,000 to $10 millionRepay in 2 years
$40,000 to $10 millionRepay in 2 years
$40,000 to $10 millionRepay in 2 years
$1,000 to $25,000Repay in up to 5 years
Get the money you need with cash-out refinancing
Get the money you need with cash-out refinancing
Use the value of your real estate to get the cash you need to accomplish your next plan. Borrow what you need and take up to 5 years to repay.
Use the value of your real estate to get the cash you need to accomplish your next plan. Borrow what you need and take up to 5 years to repay.
Use the value of your real estate to get the cash you need to accomplish your next plan. Borrow what you need and take up to 5 years to repay.
For the times when your clients need a loan, not a bank.
Key takeaways Hard money loan requirements focus primarily on the property’s value, with larger down payments (20-30% of ARV) and less emphasis on credit scores
Key takeaways Speed and Flexibility: Hard money loans provide faster approvals and more adaptable terms compared to traditional bank loans, making them ideal for time-sensitive
Key takeaways Asset-based lending: Hard money loans prioritize the property’s potential value, making them accessible to investors with less-than-perfect credit. Risk assessment: Lenders evaluate the
Benworth Private Loan are for all types of residential and commercial properties. Our borrower are generally looking for an alternative to a bank loan or want to close quickly to lock-in a purchase price and avoid missing out on a deal. Private Loans can also provide investors with the cash they need to renovate or upgrade properties for rent or re-sale. Here are some of the closing we've helped to experdite.
Find better ways to build and manage your credits.
Contact
© 2024 Benworth Capital Partners PR LLC NMLS #2234263 Equal Housing Lender.
Benworth Financial, LLC is a licensed Consumer Finance Company #CF9901387.
Disclaimers: Benworth Capital Partners PR, LLC makes loans solely for business purposes (and not for personal or consumer use) and is exempt from licensing in all states in which it operates. Benworth Capital Partners PR, LLC does not lend on owner-occupied properties. Listed rates, terms, and conditions are offered only to qualified borrowers, may vary by loan product, deal structure, property type, or other applicable considerations, and are subject to change at any time without notice. Furthermore, any Letter of Intent issued by Benworth Capital Partners PR, LLC shall, at Benworth Capital Partners PR, LLC’s discretion, be subject to revocation, modification and cancellation up and to the moment the transaction is completed. No information on this site is intended to, or shall, created a legally binding commitment or obligation on the part of Benworth Capital Partners PR, LLC, and all terms are expressly subject to Benworth Capital Partners PR, LLC ‘s credit, legal, and investment approval process.