Is your property sale taking longer than expected, and you need liquidity now? A short-term bridge loan could be the solution, giving you access to funds when you need them, with the loan repaid from the eventual sale of your property. Learn more in our latest blog post!
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💳 If you're interested in real estate or planning to buy a home, you've probably heard about different types of loans. One of the most common types is a "conforming loan." 🏢 Let's break it down in a simple way so you can understand what it is, why it matters, and how it could affect your future home purchase. Read full article: https://lnkd.in/eeQ6cC7h #conformingloans #housingmarket #realestate
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LTC's meaning in business is a % of your loan amount compared to your project's cost. It measures your lender's financial stake in your loan equity. 🏡 Read More: https://lnkd.in/ejq_WXh8 #investors #hardmoneyloan #equity #realestate
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Fix and flip loans are designed to do exactly what they're named for: renovating and reselling a property in a short time period. Traditional home loans are long-term investments designed to help the borrower purchase a home that will serve them for decades. For more information, visit www.bullfunding.com. #commerciallending #investment #invest #bullfunding #commercialrealestate #privatelending #hardmoney
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Term Tuesday is here once again to educate you on the lingo that floats around the real estate industry! BRIDGE LOAN! We often only talk about traditional loans like a "conventional", or "FHA", or "VA". It is however a very important thing to know all of your options! If you find yourself in a situation where you want to buy a new home and you have one to sell, a Bridge Loan could be an idea to look in to!🏠💸💪 #RealEstateEducation #BridgeLoan101 #RealEstateLingo #HomeBuyingTips #RealEstateOptions #RealEstateAdvice #PropertyFinance #HomeLoanOptions #RealEstateInvesting www.Armor-re.com
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🏡 Considering a manufactured or modular home in Minnesota? Explore your financing options! Whether it's land and home or just the home only, we've got you covered. Discover conventional land loans or chattel loans tailored to your needs. Find your dream home with ease! https://lnkd.in/g4BjBKSH #MinnesotaLiving #HomeFinancing
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Has your real estate loan application been rejected? Here's what to do: Step 1: Find out why, and resolve the issues Step 2: Figure out if another type of loan would be better suited to your needs Step 3: Examine your credit and reduce your Debt-To-Income ratio as much as possible Step 4: Consider a lender that may be better suited to your needs, for example a hard money lender
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What is the interest rate for a hard money loan? As of 2024, it can be up to 15%. However, some lenders may offer lower rates (like 12%). 👍 Read More: https://lnkd.in/eg7Hwpqi #interestrates #investing #realestate #hardmoney
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Not sure how much you have to have down on a construction loan? Let me help you. depending on the size of the loan the bank will require more from the customer. We allow higher loan amounts with less out of pocket. Call me today and let's build your dream home!
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🏡 A bridging loan is a short-term, fully secured loan that helps finance the purchase of a new home before your current one is sold. It 'bridges' the gap, giving you the funds to move forward while waiting on your property sale. These loans usually have higher interest rates due to their short-term, higher-risk nature and are typically repaid within months to a year. Serviceability can vary between lenders, so make sure to explore your options! 🔑💰
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