South Carolina Hard Money Lenders
Looking for a South Carolina Hard Money Lender – Private Equity Loan? Need to act quickly so as not to miss an opportunity. If your current credit, employment or asset situation won’t allow you to get a conventional South Carolina loan or you can’t wait the typical 40 days to have your loan funded through South Carolina conventional lenders – because you need your loan funded fast – consider a South Carolina private equity or hard money loan.
South Carolina Hard Money Loans
South Carolina Private equity – hard money – loans are asset based loans placed with South Carolina private investors who use their private money to finance or refinance real estate loans. South Carolina Private equity hard money loans are based almost solely on the property value as apposed to conventional lending institutions which have strict underwriting guidelines for borrower credit, loan to value amount and real estate asset value.
Through years in the mortgage lending business hard money lenders have seen all types of borrower situations were conventional lenders will not or can not accommodate the borrowers needs – due to credit issues, time frame issues or income and employment issues.
South Carolina Private Equity Loans
In order to meet the needs of just such South Carolina hard money loan borrowers hard money lenders have developed relationships with a number of private equity lenders that loan their private funds based on the secured asset value of your property alone. Private equity lenders typically do not require proof of income, they will loan based on your stated income and the value of your property or profitability of your project.
South Carolina Bridge Loans
Funding is available for all types of borrowers and credit situations. If you need a South Carolina bridge loan, a South Carolina sub prime loan or a loan from South Carolina high risk lender visit these pages and visit the private equity hard money high risk lenders you’ll find listed.
Contact these hard money lenders they will explain all your South Carolina hard money private equity loan options including: South Carolina commercial, residential and refinance of current mortgages – with their help you will make a fully informed hard money mortgage choice!
State of South Carolina
In the 1500s, the Spanish and the French tried to established colonies along the coast. The English settlement in 1670 on the Ashley River was short lived, with the settlers moving to what is now Charleston. In 1729 South Carolina was separated from North Carolina.. The region saw extensive military action during the Revolution, and again, in the Civil War. South Carolina was the first state to secede from the Union when its troops fired on Fort Sumter in Charleston Harbor.
The capital of South Carolina is Columbia, and other large cities are Charleston, Rock Hill, Mount Pleasant, Sumter, Hilton Head and Spartanburg. The population in 2005 was 4,255,083. Textiles are a major industry, as well as wood, steel products, apparel, chemicals and machinery. A large producer of peaches, South Carolina grows tobacco, peanuts, watermelons, peanuts, chickens and turkeys, cattle and calves. There is also a commercial tea plantation on Wadmalaw Island.
Tourist attractions are Fort Sumter, Fort Moultrie, Cypress Gardens, Cowpens National Battlefield and the Hilton Head resorts. The moderate climate also attracts retirees.
Disclaimer: The hard money loan calculators found on this website are offered only to estimate monthly loan payments. No guarantee is offered or implied as to their accuracy. Hard money loans are non conforming, they do not conform to the underwriting guidelines of Fannie Mae or Freddie Mac. Each private equity hard money lender has their own fee structures which may include points at closing and early prepayment penalties. Discuss all of the details of your particular hard money loan including all costs and fees with your selected hard money lender.