- Residential, Commercial, Multi-family, Office, Retail &
Industrial, Hotel/Motel
- Domestic & International
- Purchase/Refinance/Home Equity
- FHA & VA Loans
- Foreclosure or Bankruptcy Refinance
- Bad Credit Loans
- Bridge Loans
- Stated Income/No-Doc Loans/
- Foreign National Program: No Citizenship, No Green Card, No
Social Security
- Land Acquisition
- Land Development
- Bank Work Outs
- Construction & Renovation
- Rehab Properties
- Creative Funding
Hard Money Lending Criteria
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Loan Amounts: |
$500,000 to $300 million |
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Loan Term: |
One to Five Years, No Pre-Payment Penalty |
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Borrower: |
Loans are made for business purposes only. Personal
guarantee may be required. |
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Collateral: |
Collateral must be real estate or other fixed asset. |
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Quick Sale Value: |
Loan-to-Value can be 50%-60% of the Quick Sale Value
Loan-to-Value can be 60%-70% of the Quick Sale Value if the property is Income Producing |
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Construction or Renovation loans
can be funded in stages up to 50%-60%of the improved value. |
©2000 Nationwide Financial Mortgage
Corporation
Nationwide Financial Mortgage Corporation is
an Illinois Residential Mortgage Licensee
and an Equal Housing Opportunity Lender.
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