Arkansas Hard Money Lenders
Looking for a Arkansas 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 Arkansas loan or you can’t wait the typical 40 days to have your loan funded through Arkansas conventional lenders – because you need your loan funded fast – consider a Arkansas private equity or hard money loan.
Arkansas Hard Money Loans
Arkansas Private equity – hard money – loans are asset based loans placed with Arkansas private investors who use their private money to finance or refinance real estate loans. Arkansas 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.
Arkansas Private Equity Loans
In order to meet the needs of just such Arkansas 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.
Arkansas Bridge Loans
Funding is available for all types of borrowers and credit situations. If you need a Arkansas bridge loan, a Arkansas sub prime loan or a loan from Arkansas 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 Arkansas hard money private equity loan options including: Arkansas commercial, residential and refinance of current mortgages – with their help you will make a fully informed hard money mortgage
State of Arkansas
Arkansas was originally explored by the Spaniards. The first real settlement, however, was founded by a Frenchman. In 1803 Arkansas was acquired by the United States as part of the Louisiana Purchase. It was part of the Missouri Territory from 1812 to 1819, when it was separated. As settlers arrived, the cotton industry expanded. Arkansas was home to large agrarian plantations. In 1861, Arkansas joined the Confederacy, and from 1863 on saw its northern area occupied by Union troops.
The capital of Arkansas is Little Rock. Its population in 2005 was 2,779,154, and its largest cities were Little Rock, Fort Smith and Fayetteville. Hot Springs National Park and the Ozark Mountains are tourist attractions.
Food production is the state’s major industry. Cotton, soybeans, rice and wood products are also part of the economy. There is a diamond mine near Murfreesboro which attracts a large number of tourists. Arkansas is also the home of the founder of Walmart.
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.