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

Texas Hard Money Loans are the Real Deal!

Texas hard money loan

If you want to flip your home or simply rehab your home to be the dream house you always wanted, but you don’t have the credit for a traditional bank loan, it might be time to start looking for another way to get what you want. It might be time to consider new options like a Texas Hard Money loan.

If you haven’t heard of hard money lenders Texas, then continue reading, because we think you’re gonna like this: with private money lenders Texas, you don’t have to worry about your credit score.

Not ever.

That might seem crazy, especially in this day and age with the economic landscape being as it may, but hard money lenders Texas base your Texas hard money loan entirely on the value of the property you have. That means that your Texas hard money loan is not ever based off of the credit you may or may not have.

Seriously.

That’s something to get excited about. If you thought you couldn’t do what you wanted because the economy took a nose dive the same time as your credit, then start to think again about the changes you want to make because hard money lender Texas wants to help you get the fastest loan you can get so you can start working on what you want faster.

While it is true that Texas hard money loans are more expensive than your traditional loan, you have to think about why this might be so; the whole loan is faster than your traditional bank loan and just about as quickly as you are able to qualify, you’ve got the paperwork done and you’ll have the cash right in your hand so you can start working on your dream home sooner rather than later. Get your money from hard money lender Texas. It will change your whole world.

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

Texas Hard Money Loans: What's FICO Got to Do With It?

Hard Money Loans, Texas 

Don’t be worried about your credit. You can flip houses and fix-up properties the way you always wanted to even if you don’t have the credit you always wanted with a Texas hard money loan. When there’s a will there’s a way and financing your new renovation project shouldn’t be difficult. You should be able to make things happen with a private money lenders Texas loan.

But how do you do that? Let’s go over some of the facts about private money lenders Texas.

First off, private money lenders Texas are not at all concerned about your credit score. Not at all. More than anything they just want to meet you to ensure that you have good character so that they know that the loan will be repaid. Your FICO score has nothing to do with it.

However, be realistic. Before you sign for your hard money loan and fill out the paperwork, think about how long it will take you to finish your project. For example, don’t take a three-month loan term if you believe it will take you four months to do the home renovation. That would be detrimental to you, all involved, and your project. Relax and give yourself enough time to pay off this loan! And don’t be afraid to ask for an extension on your Texas hard money loan if you need it.

As you can see, Texas hard money loans made by private money investors Arizona are among the best way to finance your renovation project so you can flip that house or make that property you want to sell better.

Hard money lenders loans make it possible to really take advantage of the property that you’ve had your eye on for quite a while without ever having to think twice about what you credit score may or may not look like.

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

BFFs: Texas Hard Money Loans and House Flipping

Hard Money Loan, Texas

Chances are, if you are on this site then you have wanted to build your dream home for forever or you’ve wanted to flip some property for quite some time. What stopped you? The economy stopped a lot of people, but that doesn’t have to be the case anymore. Forget stressing about your credit. If you thought that having good credit was the only way you would ever do the renovations you always wanted then you are wrong. You have other options. And that’s where hard money lenders Texas come in.

You no longer need to worry about your FICO score because hard money lenders don’t look at your credit. In fact, in truth, they don’t really care what your credit score is. They base your Texas hard money loan entirely on the value of the property you have and the character of the person they deal with. In the end, not only is a hard money loan the easiest kind of loan to get for your property flip, but it’s also one of the fastest kind of loans you can get.

You should remember though that while Texas hard money loans are easier to get, they are also more expensive than your traditional loan. Meanwhile, as soon as you quickly qualify for your Arizona hard money loan, you are already so close to starting on your dream home. Paperwork is a breeze and soon, you will have your hard money lender Arizona loan.

So to recap, your Texas Hard money loan is great when it comes to flipping a property or creating a home that you love for your family to live in. A Texas hard money loan is made by private money investors in Texas is just simply the best way to finance your new renovation project. Hard money lenders make it possible to do everything you wanted to do even when you didn’t think you could.

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 a Texas Hard Money Loan and Do I Need One?

hard money lender, Texas

Is your credit a little lack-luster? Do you wish you could go back in time before the bad economy? We all kind of do. If you have a property that you are looking to flip or looking to release from foreclosure, then now is the time to get a loan. But what if you can’t go through traditional channels? What if the banks absolutely won’t loan to you? What if you went through the hours of paper work and still didn’t qualify? Then Texas hard money is definitely something for you.

If you want an investor who doesn’t care about your credit score, then look no further. Texas hard money isn’t about your credit score. It’s about saving the property that you want and becoming the proud owner of a revamped house.  You can have the property you want with your Texas hard money loan.

But what kind of Texas hard money loan do you want? There are two different kinds; hard money lender Texas and private money lender Texas.

What’s the difference? Not much, but we can go through it together.

Hard money lender Texas is a group of people who are looking to invest in property. However, a private money lender Texas is one individual who is looking to invest in the property. You might know the private money lender Texas or it might just be a new investor you met who wants to help you out. The only thing that matters is that you trust them.

While these Texas hard money loans do have more interest than regular loans, the turnaround is so quick that you don’t notice is that much. Save the property you want with your private money lender Texas or hard money lender Texas loan. You and your property will be so happy that you did. 

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