Confused By Texas Hard Money? Don't Be!

hard money lender Texas

Private financing is a great way to get the money you need for the property that you want. But Texas hard money could be confusing so it’s good that you’re looking up some facts. Don’t be discouraged by traditional loans, a hard money lender Texas or a private money lender Texas are both able to help you out. They have access to money quickly from private investors and equity firms. If you are a looking for a quick, easy, and painless loan, Texas hard money is your answer!

Both a hard money lender Texas and an private money lender Texas make it easier to apply for a loan than any bank. Getting a hard money lender means that a group of people would be in charge of your loan, however, private money lender is just one person who will help with your loan. They can be someone you know or someone you trust or even a stranger that you have faith in. You can also connect with a private money lender by calling a mortgage company like Level 4 Funding. We have access to a wide range of hard money loans and lenders. Texas hard money is a really fantastic option for those who do not wish to obtain a traditional bank loan. 

Keep in mind, if you are applying for a Texas hard money loan, it is best used for short term financing projects. Things like fix and flips, or a short term loan before you can obtain more traditional financing are great options for a Texas hard money loan. There is a higher interest rate but since you will only have the loan for a short time, this is often not a significant factor. 

Texas hard money is easy to get so don’t let the name fool you. They may have high interest rates, but with the fast turnaround time, it really doesn’t matter. What’s more is that Texas hard money lenders give out money based on the value of the property and that often includes the cost of the repair for the property inside of the loans. That is very unlike a traditional loan and so much easier. One should really consider Texas hard money instead of the bank when it comes to property loans. Just think of all the wonderful benefits! When you are ready to discuss your Texas hard money loan options, call our brokers at Level 4 Funding to get the application process started!

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 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

Calling ALL Investors: Get a Texas Hard Money Loan Today!

Texas Hard Money

Bank loans can be frustrating and take forever to get your hands on. By this point, we’ve all seen that. Have you considered a Texas Hard money loan? If you are working on a fix and flip investment property, maybe it is time that you do.

Your Texas hard money loan will come to you so much faster than a traditional bank loan; just get the property appraised and sign the papers and you’ll be ready to start your project in no time. You also don’t have to worry about your credit when it comes to a Texas hard money loan. Why? Because hard money loans are actually based on the value of the property you are wanting to flip, renovate, or fix up. Never your credit. In fact, you don’t have to worry about your credit at all with a Texas hard money loan.  

One important fact to keep in mind, is that hard money loans have higher interest rates. They are a greater risk for the lender because they are short term, high risk, high reward loans. However, while an Texas hard money  loan happens to be more expensive than your traditional loan, the flip side of that is that you get your loan really fast. You can start almost as quickly as you begin the paperwork. Also, hard money loans are designed to help you fix up and flip a property quickly so the higher interest is usually negligible because you are paying off the loan quickly. 

Your Texas hard money loan should be able to take some stress off of you. They are definitely better and less stressful than your traditional bank loans, especially since the economy hasn’t really been superb for people’s finances lately. What do banks expect people to do?

Now with your Texas hard money loan, you don’t have to worry about that anymore. Get the loan you need when you need it and start working right away.

No need to give the bank your entire financial history and no need to be embarrassed! You don’t have to be with a Texas hard money loan. Now you can have money in your hand almost instantly and a beautiful new home soon after from Level 4 Funding, a Texas hard money lender.

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

A Texas Hard Money Loan is the BEST Way to Get the Money You NEED!

Texas hard money

Many people are confused about Texas hard money loans, but they shouldn’t have to be. Texas hard money is a loan where the investor receives their financing merely based on the value of the property they have instead of the traditional kind of bank loan that is dependent upon the kind of credit a person has. This can be a difficult loan to obtain for some kinds of people and that is why Texas hard money can be a truly wonderful thing.

While interest rates can be higher with Texas hard money versus other kinds of traditional bank loans, one must remember that Texas hard money lenders have a very quick turnarounds when it comes to the loans, so the higher interest rate is barely even noticeable. If you are scared of going into bankruptcy or a foreclosure, then the time is not to get into Texas hard money and save the property that belongs to you.

You can save the property or you can revamp the property while using your Texas hard money loan. It is important to keep in mind that the longer you have the loan, the more interest you will pay. Rates vary based on the prime rate but you can expect to pay anywhere from six to eighteen percent, depending on a variety of factors. It is usually best to use Texas hard money loans as a short term loan options, not a long term financial solution. 

It is important to remember that if you are having difficulty finding a traditional bank loan to finance your property, there are other ways. You can bypass the paper work and the hassle of a traditional loan and make good again with your Texas hard money loan. These Texas hard money loans will keep your foreclosure at bay or help you flip the house you have been thinking about for years. Don’t let your dreams escape you! Get your hard money lender Texas today and forget about the traditional lending conditions that have you nervous. You can have everything you always wanted with a Texas hard money loan. Call us today to find out what you can qualify for. Get the money you need and make 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

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