When looking for hard money loans in GA there are several things you need to determine. The first thing should be what type of hard money loan am I looking for? Am I going to purchase this property for cash as some banks require? Will I be putting down 20-50% on the purchase price and funding my own rehab costs? Will I be looking for a hard money lender in GA that will fund both the full purchase price and the full rehab cost?
No matter what your answer to those questions are above, when looking forin GA and for getting the best value for the loan, then NLD Settlement Corp is the perfect choice.
As of 6/1/12 here is what we are looking to fund
All commercial properties in Georgia and Nationwide.
We are also funding 65% ARV loans in all of Georgia - up to 100% of the total loan including purchase, rehab and closing costs if the loan fits
Credit is not an issue - Apply to the right and we will get right back to you
As a private hard money lender in GA, we specialize in what is referred to out in the capital markets as GA hard money. Traditional banks neglect the hard money loan approvals as these involve high risks and they do not find it as profitable as the inflated home mortgage product. The valid point while financing hard money loans should be to consider the value of the property to be financed and not the income or credit rating of an individual and we do exactly that. We do not credit on 1-4 unit, 5 unit plus or mixed use properties. A hard money loan is usually given against 30 day quick sale value of the subject property. The property that is being bought acts as collateral and the amount of loans are based on its value.
When looking for rehab hard money lenders in GA, you should know several things: the area you are purchasing in, the amount of work the property will require, the time frame to complete the project, your budget and if you have the experience to complete the project. No matter if your looking for Hard Money Atlanta or a Hard Money Lender in Atlanta, we would like the opportunity to review your loan scenario.
We are also your leading source as commercial hard money lenders in GA. Some of the property types we will consider for funding as hard money loan lenders in GA are strip malls, small retail, small industrial and office buildings and office condos. We are the leading private hard money lender in GA.
We are the leading rehab hard money lenders in GA offering various types of hard money loans. We offer loans for refinance, commercial, purchases, and rehab for both residential and commercial properties. But we certainly do not consider the residential property in which you are living as we do not want to throw out the homeowners if they cannot make the payment. Hard money loans serve a great purpose. Give us an opportunity to serve you and we will assure that we will prove to be the best hard money lenders in GA for your hard money loans in GA.