Creative Hard Money LLC
The hard money lenders offer their clients with a loan, if it is required for refinancing a mortgage, business loans secured by a real estate, real estate, short sales, or in any other area. The individuals are supposed to find the most reliable and trusted money private money lenders. They have the ability to provide the individuals with residential as well as commercial hard money loans in a couple of days or less. They charge a reasonable amount for lending money, as compared to other mortgage brokers in NY.
The loans provided by these lenders have been written down by the principal decision makers, who ensure speed, minimum of red tape, privacy, etc. They provide loan to the individuals, if their property makes a loan sense and qualifies for the borrower. The construction loans require a lender with complete knowledge of the process. They have programs offering all-in-one financing option for permanent mortgage funding, lot purchase, construction, etc. with one closing.
These programs have a number of benefits:-
No payments due from borrower during construction
Single costing reduces the total cost
No re-qualification once the construction process is complete.
The individuals are required to fulfill the criteria of financing for acquiring the construction loan. Some of the features of the construction loans are:-
No money down
Simple builder review process
Easy process of application
Up to 100% construction financing
Quick and efficient draw process
No payments during the construction process.
The bridge loan is a short term loan that is useful for real estate transactions. This allows the individuals to use the equity in the current home before its sale or as a down payment of the current home. This is meant for bridging the gap by giving them with the funds for a down payment. This has proven very beneficial for the individuals, as it enables the, to buy a new property without any restrictions.
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