Texas Hard Money Loans Are There When YOU Need Them!

Hard Money Loan Texas

If you are trying to renovate your home, but you don’t have the credit you need for a traditional bank loan, you can stop worrying. Texas hard money loans from a reputable private lender are all you need to start working on the home of your dreams right away.

If you’re curious, Texas hard money loans are the best thing out there right now for people hit hard by the economic downfall and who don’t have the credit score of their dreams, but definitely found the property they want to renovate.

Texas hard money loans are funded by Texas hard money lenders and are based on the merit of the property as an investment, not the credit of the borrower. This makes them ideal for anyone who may have bad credit due to the economic downturn or any other factors. 

You no longer need to give out your entire bank history. Now, without any credit, you can have money in your hand and you can start renovations on your home almost immediately.

Your Texas hard money lender believes that just because you had sour luck in the market, it doesn’t mean all your sweet dreams should be completely dashed. With a hard money Texas loan, you will see that you can still have everything that you wanted- and much faster than your traditional bank loan.

A Texas hard money loan is a convenient way to spruce up your house or property without the stress and agonizing that one has to do over a traditional loan from the bank where credit scores are checked and paperwork takes forever.

We know that you’ll be happy that as soon as you qualify for your Texas hard money loan, you are that much closer to becoming the owner of the property you always wanted.

Dennis Dahlberg
Broker/RI/CEO/MLO

Level 4 Funding LLC
Arizona Tel:  (623) 582-4444 
Texas Tel:     (512) 516-1177 
dennis@level4funding.com
www.Level4Funding.com

NMLS 1057378 | AZMB 0923961 | MLO 1057378
23335 N 18th Drive Suite 120
Phoenix AZ 85027

3 Facts You NEED to Know About Private Money Lenders Texas!

The economy has made traditional lenders a little worried about your credit score. Many real estate investors are finding themselves unable to purchase investment properties due to a bad credit score or unfavorable debt to income ratio. If you find yourself in this situation, you are not alone. That’s why Texas hard money loans made by private money lenders Texas are among the best ways to get started flipping that house today, even when you don’t have the credit you once had. With Texas Hard Money loans, you actually don’t need to have perfect or even good credit. Take a look at this three facts you might not have known about private money lenders Texas. 

1. Like we said above, with private money lenders Texas, don’t worry about your credit score. Your lender sure isn’t! Instead of worrying about your credit score, start worrying about what you’re going to do with the house you want to flip! Really, lenders are more concerned about the property you are borrowing against and whether or not you are going to repay the loan, but they judge that based on character. This loan really has nothing to do with your FICO score, so stop worrying about it.
2. You have to be realistic with private money lenders Texas. Why? Because this is a loan, not a gift. Really be honest about how long you think your home renovation project is going to take and be up front with your lender. For example, do not say you will only take a month if you know it will take three. That would be bad faith and give you a bad reputation. Plus it could end up costing you a lot extra in interest and penalties. Give yourself enough time to pay the loan off. If you find that your project is taking longer than you anticipated, ask for an extension on your hard money loan. 
3. One last tip is that hard money loans really aren’t as expensive as you think they are. This is especially true if you can make your turn around time on your home investment quickly. The loan does carry a higher interest rate, but it is meant to be a short term investment that can help you and your lender make money fast. It is a win-win solution. 

Dennis Dahlberg
Broker/RI/CEO/MLO

Level 4 Funding LLC
Arizona Tel:  (623) 582-4444 
Texas Tel:     (512) 516-1177 
dennis@level4funding.com
www.Level4Funding.com

NMLS 1057378 | AZMB 0923961 | MLO 1057378
23335 N 18th Drive Suite 120
Phoenix AZ 85027

Need Cash Fast? Hard Money Lenders Texas Can Lend a Helping Hand!

Hard Money Lenders Texas

It used to be easy to get a traditional loan from the bank, but nowadays, with the economy in a crisis, financing for renovation projects is a little difficult to come by.

If you’re wondering what your options are now outside of a traditional loan for flipping a house, your research has led you to the right place. Especially if you have bad credit and find your options might be somewhat limited. You can still get what you want for you and your family, a traditional loan isn’t the only way. There’s still hard money lenders Texas.

Banks have tons of regulations that is making it super difficult to find the cash that you really need for the renovations you want to do. This is true sometimes even for people with decent credit. Banks don’t want to take a chance on a renovation loan and who can blame them when the economy is in the shape it’s in currently. That’s why if you want to fix up your home or renovate a piece of property to flip, you have to start thinking about hard money lenders Texas and the kind of loans you can get without the use of the traditional banking system.

With hard money lenders Texas, it’s easy to start and finish your dream home or the property you want to renovate with a hard money loan. The paperwork is fast and easy and there are absolutely no credit checks with a hard money loan that hold you up and make it impossible to get what you need to renovate the house or property that you want.

A loan from Hard Money Lenders Texas  can help you do what you want to do easily and efficiently. It cuts out the paper work and it allows you to get started on what you need to do with the money that you need to do it. Don’t hesitate. Look into Texas hard money and start getting to work today.

Dennis Dahlberg
Broker/RI/CEO/MLO

Level 4 Funding LLC
Arizona Tel:  (623) 582-4444 
Texas Tel:     (512) 516-1177 
dennis@level4funding.com
www.Level4Funding.com

NMLS 1057378 | AZMB 0923961 | MLO 1057378
23335 N 18th Drive Suite 120
Phoenix AZ 85027

Hard Money Lending and You: Why You Need a Hard Money Loan!

If you have bad credit you most likely think that real estate investing is impossible. However, with bad credit home loans Texas and hard money lending there are options for individuals with bad credit to take advantage of real estate investment opportunities.

Most financial experts will tell you that real estate is a sound investment. Real estate has consistently earned money over time and is a way to help build your investment portfolio and personal wealth. However, for many individuals with bad credit, real estate investing has been beyond their reach using traditional loans. Approximately 42.5 million Americans have a bad credit score and are considered sub-prime borrowers. If you are in the market to start real estate investing but you have bad credit, there are a variety of bad credit home loans Texas mortgage brokers recommend.

One type of loan available to sub-prime borrowers is a Texas hard money loan. A hard money loan is a specialized type of real estate backed loan. The lender is an investor or group of investors rather than a bank. The lender offers short term capital loans to purchase investment properties. The term of a hard money loan is generally no more than two years and is designed to make money on real estate for both the borrower and the lender. Hard money lenders focus on the value of property being purchased rather than the assets or credit score of the borrower. For this reason a hard money loan is an invaluable opportunity for an investor looking for bad credit home loans Texas mortgage brokers recommend to purchase a property as a short term investment. 

Texas hard money loans are available for all property types including commercial, residential, multi-family, and even land loans. Each lender or group of lenders determines the requirements for what types of loans they will give as well as how much money they will lend. If the lender gives loans on residential properties he/she/they are required to be licensed through the National Mortgage Licensing System (NMLS). In order to sure that the lender you are using meets all requirements, it is best to use a broker or investment team that specializes in hard money lending. 

Hard Money Lending Regulations

Although Texas hard money loans have significantly less regulations than traditional mortgages, there are certain federal regulations that apply to hard money lenders. For most property types, hard money lenders do not require the same income verification or credit score guidelines that traditional banks do. This is part of what makes them ideal bad credit home loans Texas residents with bad credit can use, as they look at the value of the property from an investment standpoint, not based on credit or income. However, it is important to note that hard money loans are more risky for the lender and therefore come with a higher interest rates. In addition, if you are taking out a Texas hard money loan on a residential property, you will be required to some proof of ability to repay the debt. This means some type of proof of income though it is usually less stringent than what a bank requires. 

When you take out a Texas hard money loan, the property that you are investing in becomes the collateral. If you default on the loan, the lender will seize the property to protect its investment. If you take out a hard money loan, make sure that you will be able to pay the loan back in full at the end of the term by either selling the property or other means. When you sell the property you keep any money that is earned above the amount of the loan and any accrued interest. 

Talk with a mortgagebroker or investment company about hard money lending.

A financial professional or mortgage broker can help you decide if a hard money loan is a smart financial choice. It is a great way for Americans with bad credit scores to start taking advantage of real estate investing. In addition, hard money loans can benefit prime borrowers as well. If you already own a home you may not qualify to purchase an investment property based on your debt to income ratio. A hard money loan can be a great work around to get you into the real estate market. Call a broker or your financial adviser to learn more today.

Dennis Dahlberg
Broker/RI/CEO/MLO

Level 4 Funding LLC
Arizona Tel:  (623) 582-4444 
Texas Tel:     (512) 516-1177 
www.Level4Funding.com

NMLS 1057378 | AZMB 0923961 | MLO 1057378
23335 N 18th Drive Suite 120
Phoenix AZ 85027

Do You Need a Texas Hard Money Loan for your Fix and Flip?

Are you ready for Private Money Lender Texas?

Private money lender Texas is among one of the best ways to fund your new rehabbing project in the real estate world, however some people are afraid of Texas hard money. It can be a new term for people and it can seem intimidating, but we are here to reassure you that it can be the best thing that you do for yourself and your property.

For one thing, a private money lender in Texas isn't bank-related by any means. Private money lender Texas allows you to borrow money from one person who believes in the real estate project you are doing. Meanwhile, a hard money lender Texas is a group who will loan you the money you need for your real estate investment, much in the same way. It really is that simple so there’s no need to fret. Just choose whether you want a hard money lender Texas group or the individual private money lender Texas. Both will give you the tools and guidance to your property success. It just depends on what works best for you.

There isn't any need to stress about obtaining the money you need to be successful. Private money lender Texas and hard money lender Texas really want to help you succeed. While the interest rate can be higher, you must also remember that so is the amount of Texas hard money a person can receive. So in the end, it does all even out. Moreover, the loan turnaround is so fast that the higher interest rate really isn't ever a big deal.

Don’t think twice about what kind of 

hard money loan you should get. 

Skip the traditional route and consider Texas hard money for your next real estate investment. There won’t be any aggravation, no hassle, and your property will get the very best treatment it deserves. Look into Texas hard money today.

Dennis Dahlberg
Broker/RI/CEO/MLO

Level 4 Funding LLC
Arizona Tel:  (623) 582-4444 
Texas Tel:     (512) 516-1177 
dennis@level4funding.com
www.Level4Funding.com

NMLS 1057378 | AZMB 0923961 | MLO 1057378
23335 N 18th Drive Suite 120
Phoenix AZ 85027

What is Texas Hard Money? Benefits of a Hard Money Loan

What kind of Texas Hard Money do I want?

There are two different kinds of Texas hard money that is available to you. Both are exceptionally similar, but they each have different benefits to the borrower. The two types of Texas hard money are Hard money lender Texas and private money lender Texas. It is easy to get confused by the two, they are both practical kinds of loans, but the following will explain how they are different.

It shouldn't surprise you to find out that hard money lender Texas and private money lender Texas are both based on assets and have more to do with the real estate you want to invest in than with your credit score. These are both also loans that are not bank affiliated, so they are easier to obtain than your traditional bank loan.

However, hard money lender Texas and private money lender Texas do have some differences. 

For example, hard money lender Texas happens to be a group of people, while private money lender Texas is just one individual who gives out the loan. Typically, with a private money lender Texas, you know the person loaning you money, but that isn't always the case with the group of investors in a hard money lender Texas.

Both loans have quick turnaround despite their higher interest rate, but because of this quick turnaround, the interest rate makes little to no difference. The loans are also more flexible than your traditional bank loans, especially when you use a private money lender Texas.

Consider these types of loans as you decide on rehabbing a property. It could make all the difference to your project and stress you out far less in the interim. Consider the flexible and safe Texas hard money loans. Whether you go private money lender Texas or hard money lender Texas, you will be happy with the outcome.

Dennis Dahlberg
Broker/RI/CEO/MLO

Level 4 Funding LLC
Arizona Tel:  (623) 582-4444 
Texas Tel:     (512) 516-1177 
dennis@level4funding.com
www.Level4Funding.com

NMLS 1057378 | AZMB 0923961 | MLO 1057378
23335 N 18th Drive Suite 120
Phoenix AZ 85027

Real Estate Investment Opportunities Using Texas Hard Money

The sole purpose of a Texas hard money lender is to provide people with the fastest and easiest access to private money and hard money loan options secured by real estate. In fact, you may even be able to get funding in as little as 5 business days through one of our Texas hard money loan programs. Hard money lenders Texas are equity based lenders who will give you a loan based on the merits of the property you want to buy, not your own personal merits. 

What exactly does that mean to you? It means these hard money lenders Texas provide you hard money regardless of your credit, job history or income, as long as they can see upon evaluation of the property that you will make a profit doing a fix and flip. So does your credit score matter? Yes, it can help you to get a better interest rate, but it won’t be used to determine whether you qualify for a loan. If you need 100% financing so you can get started with no money out of pocket, you may even be able to find a hard money lender in Texas who can help. Some have developed programs that give you access to additional financing options on top of hard money, that can make it possible for you to break into real estate investing with no money of your own.

Texas hard money loans are a fantastic option for those looking to break into the real estate investment market. With short terms, interest only payments, and a loan that is backed by equity vs. credit, they can be the perfect option for many investors. Contact us at Level 4 Funding today to find out all of your Texas hard money options!

Dennis Dahlberg
Broker/RI/CEO/MLO

Level 4 Funding LLC
Arizona Tel:  (623) 582-4444 
Texas Tel:     (512) 516-1177 
www.Level4Funding.com

NMLS 1057378 | AZMB 0923961 | MLO 1057378
23335 N 18th Drive Suite 120
Phoenix AZ 85027