New Jersey Hard Money Lenders
Looking for a New Jersey 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 New Jersey loan or you can’t wait the typical 40 days to have your loan funded through New Jersey conventional lenders – because you need your loan funded fast – consider a New Jersey private equity or hard money loan.
New Jersey Hard Money Loans
New Jersey Private equity – hard money – loans are asset based loans placed with New Jersey private investors who use their private money to finance or refinance real estate loans. New Jersey 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.
New Jersey Private Equity Loans
In order to meet the needs of just such New Jersey 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.
New Jersey Bridge Loans
Funding is available for all types of borrowers and credit situations. If you need a New Jersey bridge loan, a New Jersey sub prime loan or a loan from New Jersey 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 New Jersey hard money private equity loan options including: New Jersey commercial, residential and refinance of current mortgages – with their help you will make a fully informed hard money mortgage choice!
State of New Jersey
New Jersey was originally a part of New York. After the Dutch surrendered to the British, New Jersey became an English possession. In 1738 it was formally separated from New York under its own governor. New Jersey was the scene of many battles during the Revolution.
The capital of New Jersey is Trenton, and other large cities are Newark, Jersey City, Paterson, Elizabeth, and Camden. The population in 2005 stood at 8,717,925. New Jersey produces chemicals, refines oil, produces pharmaceuticals, electrical goods and machinery. Farms produce garden vegetables, cranberries, blueberries, peaches and tomatoes. Seafood, poultry and dairy products are other commodities of the state.
Tourism is a major industry. Boating and fishing attract many tourists. The Atlantic coastline is home to many resort towns like Atlantic City, where there are gambling casinos. Tourists can visit picturesque Delaware Water Gap, the Edison National Historic Site and the New Jersey State Aquarium in Camden.
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.