Prime Guide Of Hard Money Loans

- Income is acknowledged and not verified.
- Buy, price and time period, or money out refinance. Undocumented aliens with ITIN numbers are usually not allowed under this program.
- Documented capacity to repay may be relevant underneath certain eventualities.
- US citizens, permanent resident aliens, and international nationals with valid passport and US visa are allowed.
- $5,000,000 maximum mortgage quantity.
- 500 minimal credit score score required.
- Up to 65% loan-to-value for cash-out refinances (see tips).
- SFR, PUDs, condos, townhouses, and 2-4 items allowed.
- Owner-consumer, second home or funding properties.
- Blended-use residential property with industrial affect allowed on case-by-case foundation.
- $100,000 minimum mortgage quantity.
- Up to 70% loan-to-worth for purchases and charge/term refinances (see pointers).
- No reserves required.


- All loans require impounding of property taxes and hazard insurance coverage. - Property should be situated within the State of California.
- No prepayment penalty.




To obtain underwriting tips

for our arduous money loan program:
- Obtainable as a 5/1 ARM or 7/1 ARM only, amortized over 30 years.

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