Florida Hard Money Lenders
Looking for a Florida 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 Florida loan or you can’t wait the typical 40 days to have your loan funded through Florida conventional lenders – because you need your loan funded fast – consider a Florida private equity or hard money loan.
Florida Hard Money Loans
Florida Private equity – hard money – loans are asset based loans placed with Florida private investors who use their private money to finance or refinance real estate loans. Florida 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.
Florida Private Equity Loans
In order to meet the needs of just such Florida 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.
Florida Bridge Loans
Funding is available for all types of borrowers and credit situations. If you need a Florida bridge loan, a Florida sub prime loan or a loan from Florida 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 Florida hard money private equity loan options including: Florida commercial, residential and refinance of current mortgages – with their help you will make a fully informed hard money mortgage choice!
State of Florida
Ponce de Leon, who was looking for the Fountain of Youth, discovered Florida in 1513 and claimed it for Spain. England and Spain were in control during different periods until Florida was sold to the United States by Spain in 1819. Florida is home to the Seminole Indians and wars with them continued until 1854. The state capital is Tallahassee and other large cities are Jacksonville, Miami, Tampa, St. Petersburg, Hialeah and Orlando. The population in 2005 was 17,789,864.
Tourism is the state’s largest industry with theme parks like Disney World and Universal Studios in Orlando, Busch Gardens in Tampa, the Kennedy Space Center at Cape Canaveral, Everglades National Park, Key West, and Miami are just a few of the attractions that are available for tourists.
Florida has strong mechanical, electrical and electronics industries and food processing is a major employer. Agriculture is an important part of the economy led by citrus fruits; melons, strawberries, potatoes, peanuts, sugar cane and dairy products are among other foodstuffs.
Florida has long been a retirement destination for northerners seeking a warm climate and a reasonable standard of living. Many come just for the winter months, but the permanent retirement population has flourished with more and more people settling in condominiums.
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.