With over 30 million dollars in Hard Money Loans in NJ and New Jersey (NJ) Hard Money Loans having been funded since 2008, we are the market leader when it comes to private money in the state. Being long time New Jersey (NJ) Hard Money Lenders we understand the market in all parts of the state, and look forward to hearing you loan scenarios. Right now we are looking to fund 1-4 unit properties, Mixed use properties, 5 plus unit apartment buildings, and commercial properties. We are NOT looking to fund land at this time.
Purchase, Rehab, Commercial and Construction in NJ - we want to speak with you about your scenario!
We have a new 65% arv program in NJ - 100k min loan amt - covers the whole state - contact us with your scenario
Do you have a property that needs money to complete it? Apply to the right and we will get back to you within an hour.
If your realtor or the seller is requesting a proof of funds letter - click the red proof of funds request to the right
If you have a deal in NJ - we want to see it!!
We are currently funding deals in NJ - and want to see your scenarios!! We can fund in as little as 7 days.
If you want to get a hard money loan then NLD Settlement Corp has the best loan options for you. NLD Settlement Corp is the leading Hard Money lenders NJ for your investment proeprty loans. For instance, when the other more traditional financial organizations will not lend, we will! We provide hard money loans in NJ to real estate investors nationwide. We are a 100% asset based private hard money lenders in NJ for investment and commercial properties. Usually, traditional banking organizations are not comfortable for providing loans due to a host of reasons which can range from bad credit ratings to the desire to purchase the home in a remote area. We will not look at income or credit on 1-4 unit, 5 unit plus or mixed use properties. Our hard money loans are for residential and commercial properties. We will provide you these loans with minimal paperwork and as quick as possible. We are the leading residential and commercial hard money lenders in NJ. We make sure that your hard money real estate deals get funded.
We are direct lenders in NJ - we are not looking to broker your deal around. Call or email us with your scenario for an instant decision.
We are genuine new jersey (nj) hard money lenders providing hard money loans in NJ with over 20 years of combined experience as a hard money lender in the private mortgage industry. We have been working with realtors, mortgage brokers and other nationwide hard money lenders. We will only consider those properties for funding that will be non-owner occupied. We don't provide financing for owner occupied primary residences. With us you can get hard money loans in a very short time period as we work with CPA?s, private hard money investors and hedge funds.
The loan amount is determined by the appraised value of a property for which the loan is taken and the hard money loans are structured on a percentage of the appraised value of the subject property. The loan-to-value or LTV ratio is typically 50-60% of the todays purchase price. We are also lending 60-65% ARV to experienced rehabbers in NJ with a 600 fico and up. We are best choice for all kinds of hard money loans lenders whether you are looking for rehab hard money loans in NJ or for others. Browse through our site for complete information.
Finding the funding needed to improve a property to make it profitable for sale should not be a difficult task if you go to hard money lenders. The majority of customary banking institutions are unwilling to lend to borrowers with bad credit and who aim to use funds in improving a real estate property. Banking institutions have become increasingly nervous about lending money to anyone other than those with the best credit or with a large amount of collateral available. Fortunately, real estate developers in New Jersey are now given the opportunity to get loan at a rate that was anything less than robbery. This is through hard money loans NJ provided by the most genuine and trustworthy private lenders.
Hard money lenders are capable of giving you a private loan between fifty to eighty percent of your property's worth. The good news is that this loan is also secured at an agreeable rate with a fair timeline to pay it back without any penalty. Private lenders are more likely to deliver this reasonable and desirable type of loan with less stringent qualifications. Hard money loans NJ can also be negotiated to suit the individual needs of the borrower on a much more personal level than that of a bank. If you have a solid plan to renovate a property for rent or sale, then this type of loan is ideal for you.
Private lenders offer terms that are far more negotiable than traditional lenders and banks. They are also more interested in the details of what the loan will be used for. This means that for the discerning borrower, there is a huge resource available in the form of hard money loans NJ. With the help of hard money lenders, you can negotiate your own terms that meet your individual needs and prevent yourself from being thrown into a random category by a bank that will not consider the value of your collateral or the investment you plan to make in your property.