Hard Money Loans – A Short-Term Planning

Hard Money Loans

If not the best, Hard Money Loans are the most reliable source of financial service. Why it is called reliable? Well, that’s a nice question. If you want to get a loan then you first apply for it and then it is processed and then the loan will be in your hand if approved. Suppose, you are in hurry and that situation really calls for the speedy procedure. But you will find most of the financial services to take lots of time and requiring endless documents to approve the loan and in that hectic procedure, your requirement gets scattered.

In that situation, if you consider the hard money funding you can find the most reliability in the particular financing. Since the funding is only based on your real estate property, you can easily get the loan securing your house or any other real estate assets. Your loan size will be decided by the valuation of your property.

Basically, since your property is involved in the matter, the lenders will not demand the extra paperwork from you. With the maximum loan size depending on your asset, you can fly around and enjoy the life fully.

The Hard Money Loans will include the following terms in general:

Ø  Loan Size: $200k and above

Ø  Terms: 1-3 years with the extension options

Ø  Interest Rates: 9% interest rate

Ø  Closing Time: maximum 10 days

These features can very well explain you why should take the loan instead of anything else. But you need to be assured that you need a bigger amount because for the lower amount there are different loans which you can avail with lower interest rate.

Miner Capital Funding is the leading financial company which has helped many businesses to grow and many individuals to establish. The main benefit of this company is it doesn’t only do business; it tries to get a smile on the client’s face. For any kind of borrowing help including hard money loans, feel free to contact them.