Connecticut Hard Money Lenders
Looking for a Connecticut 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 Connecticut loan or you can’t wait the typical 40 days to have your loan funded through Connecticut conventional lenders – because you need your loan funded fast – consider a Connecticut private equity or hard money loan.
Connecticut Hard Money Loans
Connecticut Private equity – hard money – loans are asset based loans placed with Connecticut private investors who use their private money to finance or refinance real estate loans. Connecticut 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.
Connecticut Private Equity Loans
In order to meet the needs of just such Connecticut 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.
Connecticut Bridge Loans
Funding is available for all types of borrowers and credit situations. If you need a Connecticut bridge loan, a Connecticut sub prime loan or a loan from Connecticut 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 Connecticut hard money private equity loan options including: Connecticut commercial, residential and refinance of current mortgages – with their help you will make a fully informed hard money mortgage choice!
State of Connecticut
In 1614 the Dutch were the first to explore the area of Connecticut. A fort and trading post was built near present day Hartford but was soon taken over by English from the Massachusetts Bay Colony. In 1639 the Connecticut Colony was officially formed. During the Revolutionary War Connecticut was called the Arsenal of the Nation, providing military supplies to the American army.
The capital of Connecticut is Hartford. The other largest cities are Bridgeport, New Haven and Stamford. In 2005 the population was 3,405,565. Its main food crops are eggs, peaches, mushrooms and pears. It is a large supplier of oysters. It is a large producer of military equipment, submarines, jet engines, and helicopters as well as clocks, sewing machines, silverware and hardware. Hartford has been a center for the insurance industry since the 1700s.
The 250 mile Long Island Sound is noted for its expensive real estate and resorts. Its proximity to New York City has made towns like Greenwich, Darien and New Canaan havens for the affluent. Connecticut is host to many colleges. Yale is at New Haven and Quinnipiac is at Hamden.
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.