Who are Lions in Mortgage Lending | Valor Lending Group
Who are Lions in Mortgage Lending | Valor Lending Group. Why do I say this? Because at Valor Lending Group, we take pride in lending. We take a personal interest in YOU and your loan scenario, giving you the time and attention to every aspect of your loan. Valor Lending Group provides an automated system that will take you from the initial application, with top communication, monitoring each stage in the loan process. We are with you through the whole journey of this process.
Currently, Hard Money loans are becoming increasingly and more popular among investors. They usually have easier qualifications, quicker close of escrow timelines, and allow you to qualify when conventional financing is not an option.
It is essential to know when hard money is right for your scenario because, in the right circumstances, it is an indispensable tool for every real estate investor, providing a quick and versatile way to acquire real property promptly.
What is a Hard Money Loan?
A hard money loan is an asset-based financing through which a borrower receives funds secured by real property. Private companies and /or private investors typically issue hard money loans. These loans offer many advantages, such as quick closes of escrow, temporary financing to get ownership of the property, a great option for people with less than good credit, and out-of-the-box financing.
Types of Hard Money Loans Offered by Valor Lending Group.
Many types of hard money loans are available for almost every loan scenario.
- Ground Up Construction
- Fix and Flip
- 1-4 Unit Residential Purchase
- Cash Out Refinance
- Commercial
What Are The Rate And Terms of a Hard Money Loan?
Hard money loans have terms that are normally 12-36 months but can be longer. Rates are typically between 7.50-10.5% but can vary due to the type of asset, Loan to Value, and use. Mostly with interest-only payments, the monthly payment is low to ensure the investors’ payback. Fees charged on hard money loans generally include 2-5 origination points but can also vary case by case.
Hard money loans are a powerful tool for real estate investors. They are quick and flexible, providing same-as-cash purchasing power. Hard money loans are also the most viable option for financing renovations or other value add projects. If you want to discuss your hard money options, please call David Christie today at 520-840-1206.
Whether you are a first-time buyer of a single-family residence, looking for a rental property, or even a large commercial developer, the best lender in the choose Who is the Lion in Lending | Valor Lending Group. We are here to serve You.
What else can Valor Lending Group do for you?
Valor Lending Group is Your One Stop Shop for all your Lending Needs – No Need to go anywhere else.
- Hard Money Loans (20% down / minimal documentation) are Typically Funded in 7-10 days.
- Stated Income Loans (Great for business owners and self-employed) No tax returns!
- 100% financing is available (we can cross-collateralize other properties if there is enough equity)
- Valor VA Home Loan 100% financing up to $1.5MM
- Rental Property Loan – No tax returns or DTI calculation! Based on the subject property’s cash flow – No DSCR Coverage is needed!
- Flipper & Rehab Loans (Flip a property with one of our many options)
- 2nd Position Loans up to $5mm
- Raw Land & Lot Loans
- Farms, Vineyards, Ranches, and Agricultural Properties (25-30% down)
- 10% down Jumbo’s with NO MI up to $1.5mm / 10% down up to $3mm
- Manufactured Housing / Mobile Homes (20% down / 600+ credit score)
- Acreage Properties
- Commercial Loans up to $500mm
- 3% & 5% down Conventional Loans– LPMI (Lender paid mortgage insurance)
- Foreign Nationals Loans (no social security or residency required)
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When you need a Morgage loan, choose Who are Lions in Mortgage Lending | Valor Lending Group!
We Offer Every Loan in The Book
We fund nearly every loan in the book and with dedicated customer service. You can be confident of excellent communication throughout the loan process to ensure your loan closes smoothly and on time.
For immediate attention to your loan scenarios, Call or Email David Today!
