Pennsylvania Hard Money Lenders
Looking for a Pennsylvania 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 Pennsylvania loan or you can’t wait the typical 40 days to have your loan funded through Pennsylvania conventional lenders – because you need your loan funded fast – consider a Pennsylvania private equity or hard money loan.
Pennsylvania Hard Money Loans
Pennsylvania Private equity – hard money – loans are asset based loans placed with Pennsylvania private investors who use their private money to finance or refinance real estate loans. Pennsylvania 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.
Pennsylvania Private Equity Loans
In order to meet the needs of just such Pennsylvania 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.
Pennsylvania Bridge Loans
Funding is available for all types of borrowers and credit situations. If you need a Pennsylvania bridge loan, a Pennsylvania sub prime loan or a loan from Pennsylvania 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 Pennsylvania hard money private equity loan options including: Pennsylvania commercial, residential and refinance of current mortgages – with their help you will make a fully informed hard money mortgage choice!
State of Pennsylvania
In the 1600s England, Sweden and Holland competed for control of Pennsylvania. When England captured the city of New York in 1664, Pennsylvania became an English possession. In 1681 King Charles II granted the region to William Penn, a Quaker, who named it Pennsylvania, Latin for Penn’s Woods.
From 1776 to 1800 the federal government convened in Philadelphia, where the Declaration of Independence was signed in 1776, and the Constitution approved in 1787. Other historic sites in Pennsylvania are Independence Mall where the Liberty Bell is kept, Valley Forge, Washington’s Crossing and Gettysburg, site of the Civil War battle.
The capital of Pennsylvania is Harrisburg, and major cities are Philadelphia, Pittsburgh Allentown, Erie and Reading. Population in 2005 was 12,429616. Mining iron ore and coal led to the beginning of the state’s steel industry. Specialty steel is still a major product, as well as electronics, pharmaceuticals, machinery and food products. Agriculture is a major contributor to the economy. Farms produce dairy products, eggs, cattle and calves, mushrooms, poultry, tobacco, soy beans, corn and potatoes.
Tourism is a major industry. The Gettysburg National Military Park, Independence Mall in Philadelphia, Valley Forge and the Pennsylvania Dutch Country all attract millions of tourists. Pennsylvania is also a great region for hunting and fishing. The Pocono Mountains have long been a major tourist destination, with a busy winter sports season.
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.