What Is Hard Money Lending?
Hard money lending is a type of private financing that uses the equity in your asset to provide capital. It involves the use of your existing real estate as collateral for the loan deal, and we’ll use your collateral property to secure the loan deal. You can use our hard money loans for large-scale projects like buying a new property or starting a construction project from scratch.
Why Should You Get Hard Money Loans?
Acquiring a hard money loan can be an excellent way to help you invest in the real estate market or build your dream property. The asset-based loan deal provides you with more autonomy over your financial decisions.
It means you can choose to take on debt when it’s best for your budget. It also means you’ll be able to prioritize what kind of debt you want to take on. The flexibility in hard money loan deals makes it a perfect option for individuals in the US to solve their financial woes.
It’s no secret that hard money loans allow borrowers to access funding quickly. When you’re able to secure funding quickly and easily, it allows you to get back on track with your property investment or construction plan right away and ensure that everything is running smoothly.
Many Americans prefer hard money loans because lenders aren’t looking for as much collateral from borrowers compared with banks or other institutions that require extensive collateral and a long list of requirements before giving out loans.
Hard money loans are one of the best ways to get the cash you need for your residential or commercial projects. They’re also an option that anyone can use, regardless of their credit history. The reason hard money loans are so popular with borrowers is that they can provide access to financing that isn’t available through traditional sources like banks.
Different Types Of Hard Money Loans
We’re aware that every client has unique financial requirements and objectives. This is why to help you achieve your financial goals we offer a wide range of asset-based loans. Here are some of our hard money loans you should know about:
Fix And Flip Loans
Our hard money fix and flip loans are a type of real estate financing that allows homeowners to buy houses in need of major repairs, fix them up, and resell them for a profit. Our loan deal has an initial duration of one year or less, so it’s best used for real estate projects with a quick turnaround.
New Construction Loans
If you want to finance the costs of building or remodeling your home, consider opting for our hard money new construction loans. Our construction loans can assist you in obtaining funding for your project without selling your assets or other properties.
Want to borrow money to buy or repair your rental property? It’s time to apply for our hard money residential rental loans. You can use our rental loans for everything from fixing the roof to replacing the plumbing. Rental loans can help you afford repairs that will keep your property in good shape in the future.
Multi-Family Mixed-Use Bridge Loans
Looking to dive into the booming real estate market in the US? If yes, you must utilize our hard money multi-family mixed-use bridge loans as soon as possible. Our loan deals can help you purchase multi-family properties with five or more units, making it a viable option for property investors. Our loan term is spread out from twelve to three-sixty months, helping our clients get short and long-term financing for their investment projects.
Why Connect With Insula Capital Group?
Insula Capital Group is a private lending firm that offers hard money loans to clients. If you are looking for a lender that can provide you with the best possible rates and terms, consider connecting with our team.
Our team has experienced financial specialists who can provide hard money loans in different states across the country. We’ll work with you to find the correct loan for your financial requirements, and we’ll ensure you get loan approval quickly so you can jumpstart your projects. We have been helping our clients in the real estate industry for over thirty years and we have built an amazing reputation over the years because we make it our priority to put our clients first.
Did you know there are no prepayment penalties or junk fees attached to any part of your hard money loan? With favorable loan conditions, we aim to help a wide range of clients get financing for their upcoming projects in no time.
If you’re ready to get started on your next project or if this is just your first time acquiring a hard money loan, visit our website today! Our friendly staff will be happy to answer any questions that you may have about our lending services or our exceptional hard money loans.
Frequently Asked Questions
Unlike conventional financing, you can get approval for hard money loan deals with a low credit score too. All you need is an existing property as collateral for the loan.
Yes, with flexible lending terms and quick approvals, hard money financing is a better akternative to traditional bank financing.
Find Out More About Us!
If you’ve been looking for a hard money loan, but aren’t sure where to go, Insula Capital Group can help. We can examine your requirements and financial goals to find the best possible lending solution. We know that finding the correct lender can be a challenge. That’s why our team is focused on providing high-quality service to our clients. We’re dedicated to helping our clients get the funding they need and we never stop working until we’ve done that.
So what are you waiting for? Get in touch with our experienced team to learn more about our hard money financing services in the US.