What are hard money lenders looking for?

What hard money lenders are looking for

There are general requirements for hard money loans, but they are not set in stone like traditional bank loans are. PMF Partners is willing to work with potential borrowers in ways traditional banks simply cannot.

In consideration for a hard money loan, PMF Partners look to see if a property is producing or can produce sufficient income to pay the note and the value of the property can secure the note entirely along with providing sufficient equity – which makes the borrower’s credit history a non-issue.

Hard money loans can be an excellent way to secure a real estate investment. With no credit check or detailed application forms required, we usually render a decision within 24 hours. To complete an application to be considered for a loan, click here.

PMF Partners can help you with the numbers and if needed, refinance your low loan to value commercial real estate and give you cash out to pay off or pay down other debt. We often leverage American Finasco, to help restructure debt. Both options will help decrease your debt-to-income ratio. Feel free to contact us with any questions, or to run any loan scenario by us. You can go to our website, click on “Request a Loan Now” and fill out the online, interactive loan application. PMF Partners is a Commercial Real Estate Hard Money lender.