Maryland Hard Money Lenders
Looking for a Maryland 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 Maryland loan or you can’t wait the typical 40 days to have your loan funded through Maryland conventional lenders – because you need your loan funded fast – consider a Maryland private equity or hard money loan.
Maryland Hard Money Loans
Maryland Private equity – hard money – loans are asset based loans placed with Maryland private investors who use their private money to finance or refinance real estate loans. Maryland 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.
Maryland Private Equity Loans
In order to meet the needs of just such Maryland 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.
Maryland Bridge Loans
Funding is available for all types of borrowers and credit situations. If you need a Maryland bridge loan, a Maryland sub prime loan or a loan from Maryland 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 Maryland hard money private equity loan options including: Maryland commercial, residential and refinance of current mortgages – with their help you will make a fully informed hard money mortgage choice!
State of Maryland
Captain John Smith explored the area surrounding the Chesapeake Bay, and in 1632 Charles I of England granted a charter to Cecil Calvert, Lord Baltimore. A large group of settlers landed on St. Clement’s Island two years later. Some were Catholics who were seeking religious freedom which was guaranteed by the Toleration Act passed in 1649. In 1649 a revolt by the Puritans ended the guarantee and religious tolerance was not a policy until after the Revolution.
Mason and Dixon established Maryland’s northern boundary with Pennsylvania in1767. In the 1730s border wars had begun over the boundary between William Penn’s Pennsylvania and Calvert’s Maryland. Maryland gave land to form the District of Columbia in 1791.
During the War of 1812 with Britain, an 1814 attack by the British on Fort McHenry, Francis Scott Key wrote the words to the Star Spangled Banner. Although Maryland was a slave state, during the Civil War it did not leave the Union, and both sides had Marylanders in their armies.
The capital of Maryland is Annapolis. Other large cities are Frederick, Gaithersburg, Rockville, Bowie and Hagerstown. Population in 2005 was 5,600,388. The shoreline of Maryland along the ocean and the Chesapeake Bay yields more seafood than any other state. Crabs, oysters and fish are in abundant supply. Maryland farms produce soybeans, eggs and dairy products. Maryland is also a source of coal, sand, gravel and cementas well as computer products, chemicals and metals. Baltimore is the home of Johns Hopkins University and Hospital.
Tourists visit attractions like Fort McHenry, Harpers Ferry, Antietam Battlefield, Assateague Island, the Naval Academy in Annapolis, Historic St. Mary’s City and the Baltimore Aquarium.
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.