Hard Money Loans Maryland
Personal Hard Money Lenders Distinguish private lender personal loans from other types of loans. private lender loans are provided without the borrower having to specify what that the personal loan money will be spent on. In contrast, loans from public lenders are typically categorized by the loan’s use, i.e., mortgage loans, student loans and auto loans.
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LendingOne – Hard Money lenders in Maryland LendingOne is a private money lender offering short-term mortgage loans to real estate investors for investment properties across the state of Maryland.
Hard money lending is a type of collateral-based lending designed specifically for real estate investors. Hard money lenders focus on the anticipated after-repair value of the property as opposed to its current value. This benefits borrowers by offering unparalleled leverage for fix-and-flip or rehab-and-rent opportunities in Maryland, Virginia, and Washington, DC.
At Lima One Capital we are revolutionizing the hard money industry with excellent customer service and the industry leading fix-and-flip and rental property financing programs. We were founded in 2010 with the goal to become one of the top rental finance and hard money lenders in the country and we continue to strive towards achieving that goal.
Hard money loans typically come with much higher interest rates, sometimes anywhere between 8% and 14% and have shorter terms of around 12 months. This is a much quicker form of funding, with loans capable of being issued within days to weeks instead of months. Who Provides Hard Money Loans in Baltimore, MD?
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