PRIVATE MONEY SHORT TERM REFINANCE PROGRAMS
Money Source of America has the relationships and access to private funds to help you if you are considering cash-out refinancing on your commercial or residential Investment property. We can do loans that a traditional bank cannot because we are a private lender and can help you extend repayment times, pay off other debts, and help lower interest rates. Private money short term cash-out refinancing can also be an option is if you have a large balloon payment coming up or want to prevent a foreclosure.
At the Money Source of America we specialize in short term private money bridge loans. we have the ability along with our investment partners to secure you the refinance that fits your goal or strategy. We are direct source who make decisions based of the criteria of the deal and not a matrix. Whether you need cash out quickly, paid cash and need rehab funds ,refinance pay off current lender and finish renovations a project, have to pay off another hard money loan, have a balloon coming up on your current mortgage or have credit issues we have your refinance solutions. We are asset based use common sense underwriting and lend where Banks will not or cannot.
If you happen to have found a property that you need to purchase quickly or you find yourself behind on credit cards or other debts, a private money cash-out refinance could be the solution you are looking to restructure things to get ahead of any financial woes. It could save you money in the long run from paying interest on credit cards and you could use that money saved to invest back in the property or to pay off the new loan.
Private Money Cash-Outs - Be Your Own Bank!
PRIVATE MONEY LOAN CASH OUT PARAMETERS
- Property Types: Commercial and Residential Investment Properties Only
- Minimum Credit Score: None
- Maximum LTV 80%
- 1-4 year Terms
- Minimum Loan Amount 50,000 Residential Investment 250,000 Commercial
- Maximum None only limited by LTV of the underlining collateral,credit and experience of the client
- Rates start at 7.99%
- interest only
- No prepays
- No Seasoning
- Property can be listed
- Quick closings 10 days or less.
- No Appraisal Options Available 55% LTV Max
- Title can be held in Individual, Legal Entity or Trust name
Flagship Refinance with Rehab
- Property Types Residential 1-4 unit Investment Properties
- Draws Advanced First @ Closing
- NO asset,reserve or income verification's
- Minimum credit score 600
- Maximum 75% of the ARV
- Minimum Loan Amount 75,000 Maximum 2,000
- Payments Included in Interest Payment Reserve
- No prepays
- Closing cost included in the loan
- Rates start at 7.99%
- interest only
- Quick closings
- Title can be held individually,Legal entity, Trust
Nationwide to include Florida, Georgia, South Carolina, North Carolina, Alabama, New York, New Jersey, Pennsylvania, Nevada, California, Washington, Arizona, Oregon, Missouri, Colorado, Illinois, Hawaii, Texas, Michigan, Ohio and in between.
Every private money purchase deal is different based on many factors. if you have a refinance deal you would like us to take a look at CLICK GET APPROVED fill out the loan proposal summary Today! be as complete as possible or all information can be a determining factor. Once submitted your deal will be viewed by multiple decision makers on our Loan Committee if the deal is approved you will be issued a term sheet with the best terms available for your deal.
Two of recent recent private money refinance loans. the first a 2 million dollar Boca Raton, Florida cash-out refinance closed in 10 days. The second was a quick rate term refinance of this Apartment Complex in Tampa, FL for investor who had a balloon coming up
GET APPROVED FOR PRIVATE SHORT TERM MONEY REFINANCE TODAY
PERMANENT LONG TERM PROGRAMS AVAILABLE Click Here
