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Hard Money Bankers describing itself

Hard Money Bankers
Columbia, MD·8 states
Complete and submit the Initial Loan Application contained on this website. Once submitted, your Initial Application will be quickly reviewed by our pre-approval team and you will be told what loan terms can be offered in your particular situation. If appropriate, we will issue a Letter of Intent and/or Loan Commitment based upon the facts of your Initial Application. If you are not an appropriate candidate for a hard money loan, or we cannot help you, you will be told that immediately.
Loan programs
Maximum leverage
Max LTV 65%
Maximum leverage
Max LTV 65%
Maximum leverage
Max LTV 65%
Maximum leverage
Max LTV 65%
Maximum leverage
Max LTV 65%
Also offers— no published terms
Terms & qualification
- Typical loan size
- $0 – $35M
- Typical term
- 9 mo – 18 mo
- Interest rate
- 13% – 14%
- Lien position
- 1st, 2nd
- Prepayment penalty
- no
- Payment structure
- Interest Only
- Recourse
- Sometimes
- Closing speed
- 5 days typical · 1 days fastest
- Prepayment structure
- None
- Cross-collateral
- Yes
- Equity / JV capital
- Yes
- Income documentation
- Loan Application
- Borrower entity
- Individual(s), LLC, Limited Partnership, Trust, Corporation, Non-Profit Corporation, Self-Directed IRA