Texas Hard Money Loans Are Within Your Reach!

Texas Hard Money Loans are the BEST way to get a loan!

Is your credit score/history horrendous and are trying to be granted a loan but can’t because of your bad credit? No need to worry, the simple fact of the matter is that there is a solution for you. There are many people, like you, who have the same issue. Perhaps you have heard of hard money. You may also find similarities to that word as “Private Money” or “Equity Loans.” These types of loans are unlike your typical loan from the more traditional route of a bank, but they are loans that spring from private sources such as investor's personal funds, pension plans and other non-traditional sources. Texas hard money lenders are available to help.

If you qualify for a loan, then you have the luxury of receiving your money within 24 hours. This really makes it convenient for you so you can get started on building your home or project you have been planning for.

Texas hard money is in your grasp!Here is how you can get one.

 Remember, the fact of having bad credit is irrelevant to the consideration of you receiving a hard money loan. Texas hard money loans are a fast and easy  process. The first and most important step is to find a Texas hard money lender that will work for you. At Level 4 Funding we specialize in alternative funding like hard money loans and can get you the loan you need.  We take pride in our work and get to know our individual clients and their financial situation and goals. Our main goal is to help you make money!

 After they have all of the information they need, they guarantee to get back with you in a space of 30 minutes to let you know if you were approved or not. If so, there is some key documentation that you will need to take care of so plan on having your financial records close at hand so you can access it easily. The quicker you can have them filled out, the faster they will be able to lend you out that loan.

Applying for a hard money loan is rather simple, right? There is still hope for you to receiving the loan you ever so deserve. This may also give you a chance to improve your credit at the same time.

Don't delay! Get involved with 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

How to Avoid the Pitfalls of Texas Hard Money Loans

Texas Hard Money: the good, the bad, and the ugly

LIKE EVEN THE MOST BEAUTIFUL WOMAN IN THE WORLD, HARD MONEY IS NOT PERFECT. WHILE IT SEEMS SIMPLE – AN ASSET SECURES THE LOAN SO EVERYBODY’S SAFE – TEXAS HARD MONEY IS ONLY ONE OPTION. IT IS EXPENSIVE, SO THINGS HAVE TO WORK ACCORDING TO PLAN FOR PROFITS TO MATERIALIZE. SO MAKE SURE THAT YOUR PLANS ARE CLEAR AND GOOD! TEXAS HARD MONEY WORKS DIFFERENTLY FROM LOANS YOU MAY HAVE USED IN THE PAST. LENDERS USE MORE CONSERVATIVE METHODS TO VALUE PROPERTY THAN YOU MAY EXPECT.

Here’s a few ways to keep things going to plan:

Texas hard money loans are best used to rehab investment properties and sell them for a profit. Everyone likes someone knowledgeable about their job, so do a little extra research and then make offers. Talk to contractors to get a few estimates on what it will cost to refinish and otherwise repair the property. If you head into your lender's office with information on repairs needed, a little history and an estimate of the costs involved, you’ll be that much more likely to get approved.

Also, have an exit strategy. Texas hard money loans are typically short term and usually are 1-2 years in length. The lender always wants to know that the borrower has a solid plan for either selling or refinancing the property long before the term is up. Knowing how you plan to repay the loan is a key factor in a hard money lender’s decision. If you are doing this all willy-nilly, you’re going to look bad in the eyes of everyone and no one wants that.

Being prepared and having a plan are the two best ways to avoid the pitfalls of high interest associated with hard money loans. They also make it more likely that you will be approved quickly and can start on your fix and flip project today! Give us a call at Level 4 Funding if you want to learn more about the Texas hard money loan options available to you!

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

Don't Let Your Lender Play Games, Get a Texas Hard Money Loan Today!

Texas Hard Money

It’s true, Texas hard money loans made by private lenders or equity firms are actually really easy to obtain and your credit score isn’t even checked in order to do it. No longer do you need to stress about what your number is. There are no number games here! No bank loan required, just an Texas hard money loan is needed so you can start flipping your house.

There’s no need to get upset; you aren’t the only person who hasn’t had a great credit score in a while. However, don’t let that deter you from flipping that house you’ve always wanted to flip. Even if your FICO score isn’t the best, there really isn’t a reason that you should miss out on trying to renovate a house. We are here to tell you that a Texas hard money loan is the way to go in order to begin that renovation you’ve always wanted. It really is that simple.

When you decide to go with a Texas hard money loan, know that you are getting a super fast loan for the best deal and all without having to fork over lots of bank documents and without having to have the best credit in the world. If you are in the fix and flip market, this is a huge advantage because it means that you can start your project sooner and with less of a headache.   

If you’re looking for the best way to finance your home renovation, then look no further. Your Texas hard money loan is a great and easy way to get the financing you need to finally begin the renovation project you have been dreaming about for you and your family. Call our qualified brokers at Level 4 Funding today to get your Texas hard money loan application started. The sooner you call, the sooner you can purchase that property and start making money!

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

Don't Be Afraid of a Texas Hard Money Loan!

Hard Money Loan Texas

If you are looking to rebuild your home, renovate your home, or flip your house, then you have come to the right place. It’s time to consider a  Texas hard money loan to get the funds for the project you thought you’d never get to do because of the economy and, ultimately, your credit score.

Your credit score doesn’t have to dictate what you do with your life. Why an Texas hard money loan, credit isn’t even a problem- it’s not even something that’s considered.

That might seem strange but Texas hard money lenders base your Texas hard money loan entirely on the value of the property you have and want to flip. It is not based off of the credit you may or may not currently have. The paper work is next to nothing and really, when you think about it, what this means is that a Texas hard money loan is just about the most simple loan you can get and the easiest. And everybody like simple and easy when it comes to loans.

However, remember that this is a loan and Texas hard money loans are more expensive than your traditional loan. That being said, these kind of loans are certainly more convenient and much quicker to close than a traditional bank loan that keeps you waiting around to see if you ever qualify, much less ever see the cash. That’s not the way it is with a Texas hard money loan.  With private money lenders Texas, just about as quickly as you are able to qualify and get your paperwork done, you can start working on your dream right away. That’s far less time than it would take for a traditional loan, you will have all the money you need from a hard money lender Texas.

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

Is Texas Hard Money Really "Hard?"

You might be new to the term “hard money” and it might sound a little intimidating. Don’t let this scare you. It really isn’t, even though ‘hard money’ sounds a lot harsher than ‘soft money.’

In the world of loans, you may have figured out already that there is soft money and hard

hard money lenders Texas

money. Without going into extensive detail, let’s just say the two are very different. One thing that is different is that Texas hard money is based upon hard assets and not credit score or credit history. In all aspects, hard money is essentially the easiest loan for you to get approved for.

Remember that Texas hard money loans are equity-based, not credit based, so it’s about the assets, not your credit, income, or financial history. It doesn’t matter how bad your credit is. Usually. However, some hard money lenders are going to want more information about you, just to make sure you can repay the loan, however, for the most part, they are more interested in the property you are looking to buy, not your history.

What Kind of Texas Hard Money Loan is Right For Me?

There are a few different types of Texas hard money loans. Of course, the first is a commercial hard money loans. This is for, as you might have guessed, commercial properties, not personal properties.

The second type of loan is a business hard money loan. This is where the loan is based upon the hard assets of a business such as accounts receivables or cash flows. Again, not about credit.

The other (and perhaps most common) is a residential hard money loan. These Arizona hard money loans are usually for individuals or families looking to fix up a property or purchase their dream home.

Please remember that an Texas hard money loan is not a signature loan, or rather, it is not a loan without any assets whatsoever that’s based on credit score, work history, income, etc. If you’re looking for a signature loan, talk to your bank about that because that is not what hard money loans are. The whole purpose of a hard money loan is asking for a loan based on the property you are looking to invest in and getting that loan in a timely manner.

Talk to your nearest Texas hard money representative to see if you qualify for this type of real estate loan 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 You Need to Know About Texas Hard Money and LTV

Why the higher interest rates on Arizona hard money loans?

You might have heard the term "hard money" drifting around in current years and thought about the opportunity of buying a home this way. However, the higher rate of interest that go along with Texas hard money usually frighten debtors away. Ensure you know the implications of Texas hard money before writing it off entirely-- you never know exactly how you can make it help you!

The initial point to know is that Texas hard money loans are equity-based. That indicates that your qualification for a financing does not originate from your credit score, capacity to pay, or job standing. As a matter of fact, the loan is exclusively based on what the residential property is worth.

Exactly what does this mean for you and your lender? Essentially, it suggests that you have not been able to be accepted for a standard mortgage. It also indicates than a hard money lender is taking a significant danger by allowing you to acquire his or her private money temporarily, not 100% certain that they will get it back. Hard money lenders take a significantly greater risk compared to financial institutions due to the fact that the loans are based so little on you and so much on the property value.

One more point to bear in mind is that Texas hard money loans are normally shorter in length compared to bank loans. Often, the terms of Texas hard money loans last anywhere from 6-36 months, but can easily vary depending on the circumstance. It is important to remember that the longer you have the loan for, the more interest you will pay. Texas hard money is designed to be a short term loan for investment properties or short term financial needs.

An additional factor customers experience is a little bit higher rates of interest. This is because they are not required to pay any application costs, processing fees, paperwork charges, or closing costs. All of those expenditures accumulate quickly and they have to be considered in some way.

The major explanation Texas hard money loans charge a bit higher interest rates is due to the significant risk on behalf of the lender. These lenders go where banks decline to go, and they lend to those people who would not be able to obtain financing otherwise. They don't examine a customer's capability to pay-- they merely depend on that borrower to be true to their word.

What about LTV with Texas hard money?

Essentially, the LTV represents the Loan to Value ratio of a Texas hard money loan. Sometimes, debtors could receive approximately 80 % of the money that the residential property is worth. Usually, this number is anywhere in between 65 % and 80 %. This is determined on a case by situation basis and is a choice made in between you and your lender. One of the reasons this is a bit flexible is that a Texas hard money loan is given by a private lender or investor, not a bank. Banks have strict guidelines they have to follow. While hard money lenders do have to follow all federal regulations and laws, they have more discretion when it comes to approving loans and their hands are not tied.

If a Texas hard money loan sounds like the right loan for you, call our office 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

Make Your Dreams Come True With Private Money Lenders Texas!

To be honest, your options for loans are more limited now and this goes double for people who don’t have great credit. It means that if you want to rehab the home of your dreams, you have to start thinking about private money lenders Texas.

Private money lenders Texas are for the average investor looking for a property with very little money but a very big dream. If you have the drive to do what it takes to get the job done, then hard money lenders Texas is what you need to start looking into so you can get started sooner rather than later.

Banks have new regulations that make it harder to get the money you need to turn the property that you want. The banks that used to give out the money needed to make your dream a reality aren’t in the business of trusting people anymore, and frankly, who can really blame them? The financial landscape has changed for the worse drastically. That doesn’t mean that people with a solid foundation for hard work don’t exist, however. But their credit scores might not be what they ought. That’s what makes it difficult. That’s why Arizona hard money exists.

Let Texas hard money help you get back the dream. You don’t need a fantastic credit score when you ask to invest with private money lenders Texas. All you need is great character and drive. Texas hard money exists to give you another chance in this market where a lot of people are really struggling to make ends meet. Private money lenders Texas really want to see you succeed. We, additionally, cut out the difficult paper work and the long wait for your money, so you can get started on your dream faster. Texas hard money lets you begin creating your beautiful home almost immediately. Don’t hesitate to look into Texas hard money.

Private money lenders Texas will work with you to purchase your dream investment property. Stop letting banks win. Use your money to make money and your dreams come true!

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

A Texas Hard Money Loan is the Right Choice for Auctions!

It used to be so easy to get a bank loan whenever you wanted to flip the house you’ve had your eye on or to create the home of your dreams. It’s not like that anymore though. Loans, the traditional kind at least, are difficult to get your hands on depending on the kind of credit you have.

You really don’t have to be frustrated or scared to get a loan different from the traditional loan. Think about getting an Texas hard money loan, an alternative to the traditional bank loan that is easier to receive and that means you get to start working on your project sooner rather than later.

Private money lenders Texas might be the best thing for your project. You can get a jump start on it since the processing time is fast and you don’t have to worry at all about your credit score. That’s not what an Texas hard money loan is looking at- instead, your property is evaluated and the money you get is based off of that number.

We know the economy is a challenging road to travel, that’s why hard money lenders Arizona wants to help you get your Texas hard money loan. We think that you should throw out everything you think about a hard money loan and consider getting what you want and what you need to perfect your home or flip a property.

Remember that this is still a loan, however, so it is important to keep track of your finances and to be fiscally responsible for the money that you take out when getting a loan from hard money lenders Texas. This is an exciting time and a tremendous opportunity. Get on the fast track now! It could change your entire life.

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