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Learn about how hard money loans work.

Hard Money Loans

Larry’s The Lender’s Guide to Hard Money Loans

So, what is a hard money lender? We know there’s a lot to learn about hard money loans and the lending process. That’s why we created this getting started guide to help you understand the process. Read through each article of the guide and call us when you’re ready for a consultation. Our friendly staff is here to answer any questions you have. We want to be your resource for information regarding hard money loans, whether you need fast funding for commercial real estate or you are flipping houses to generate extra income, Larry The Lender has the experience and expertise to get you the answers you need.

Our getting started guide will teach you the benefits of hard money loans, how they can assist with house flipping, the role of title companies in the hard money loan process, and the advantages of asset-based lending.

You will also want to read on to learn more about real estate investor groups, what is hazard insurance and why do you need it, and also learn about hard money loans can be used for commercial property.

Contact Us Today For Information On Hard Money Loans In Houston & Austin

Benefits Of Hard Money Loans

How Hard Money Lenders Help Investors

What are the benefits of hard money loans? When it comes to making an investment, hard money lenders want the same thing that you do – a profitable investment. Whether you are investing in real estate or a business, lenders are willing to give you the loans you need to be successful, whatever your venture may be. Getting a hard money loan can benefit people of all investing skill levels if they find the right investment at the right time. Hard money loans do have advantages compared to conventional loans. These hard money loan benefits include the following:

A More Simple Application Procedure

The application for asset based lending typically takes one to two days and may even be approved the same day! The simplicity and straightforwardness of a hard money loan has made it a popular choice for investors of all kinds – particularly in real estate and house flipping markets.

Lower Down Payments

Because hard money lenders rely on the competition in the area, many lenders will lower their interest rates to suit the local market. When it comes to conventional loans, they are not overly concerned with the local competition and the interest rates tend to be higher as a result. However, depending on the risk being taken by the lender and the value of the investment, interest rates could be higher than expected. Discuss this with the lender during your consultation.

Faster & Easier Access To Money

On occasion, a hard money loan can be approved the very same day that the application is filled out – giving you access to your money, faster.

What Size Loans Do We Offer?

Our Minimum Loan Amount is $50,000.
Our Maximum Loan Amount is $2,000,000.

Ready For A Consultation?

Once you’ve read through the getting started with hard money loans guide, you will be ready for a consultation with our team. Call us to set up your consultation at 713-662-9000.