Louisiana Hard Money Lenders
Looking for a Louisiana 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 Louisiana loan or you can’t wait the typical 40 days to have your loan funded through Louisiana conventional lenders – because you need your loan funded fast – consider a Louisiana private equity or hard money loan.
Louisiana Hard Money Loans
Louisiana Private equity – hard money – loans are asset based loans placed with Louisiana private investors who use their private money to finance or refinance real estate loans. Louisiana 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.
Louisiana Private Equity Loans
In order to meet the needs of just such Louisiana 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.
Louisiana Bridge Loans
Funding is available for all types of borrowers and credit situations. If you need a Louisiana bridge loan, a Louisiana sub prime loan or a loan from Louisiana 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 Louisiana hard money private equity loan options including: Louisiana commercial, residential and refinance of current mortgages – with their help you will make a fully informed hard money mortgage choice!
State of Louisiana
Spain sent explorers to the region in the early 1500s. In 1682 Sieur de la Salle claimed the land for France. In 1763, after the French and Indian Wars, Louisiana was ceded to Spain. France eventually gained control again, and it was sold by Napoleon to the U.S. in 1803. The southern part of the region became the state of Louisiana in 1812. The Civil War saw Louisiana joining the Confederacy; New Orleans was captured by U.S.Admiral Farragut in 1862. Reconstruction was hard on Louisiana. The discovery of oil and natural gas turned the situation around, and by the twentieth century the economy had improved greatly.
The capital of Louisiana is Baton Rouge. Other large cities are New Orleans, Shreveport, Lafayette and Lake Charles. The 2005 population stood at 4,523,628. Offshore oil and sulfur are two important products, as well as coal products, salt, and lumber and wood. Sugar cane, rice, sweet potatoes, pecans, corn, and cotton are major food crops.
Tourism is an important industry. New Orleans, with its French Quarter and fantastic Mardi Gras celebration, draws many visitors from all over the world. Louisiana has many historic plantation homes which are open for tours, and Cajun Country is another great attraction. Louisiana is especially famous for its restaurants and food specialties.
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.