What is a NO DOC HARD MONEY SHORT TERM LOAN?
This loan is based entirely on the “as is” property value and not the borrower. There is
no credit checks, no bank statement calculations, no financial requirements… basically
nothing! Once again,we underwrite the “as is” quality of the property… not the borrower!
LOAN HIGHLIGHTS: (Ask a loan officer about our rates)
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$200,000 - $5,000,000
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Very Low Rates
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Fast closings
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Up to 5 years (interest only)
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Foreign Nationals & Non-Permanent Residents OK
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Owner Occupied Properties not allowed
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Commercial, office, retail, multi-family, mixed-use, warehouse
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Title to all properties can be in business entity and/or personal name
PROPERTY TYPES:
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1-4 single family residence
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vacation rental
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condos
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multi-family
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office
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retail office
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warehouse
NO DOC (HARD MONEY ) LOANS
CAN I USE NO DOC (HARD MONEY) LOANS
FOR FIX AND FLIPS ?
Yes, but we offer a 1 and 2 year Bridge Loan with No Pre Payment
Penalties including 100% LTV Rehab Money