Hard Money Loans

Building your Dream house. Many People who buy Land often have a hard time financing the purchase of a piece of property with no existing structure on it . Often time Banks and lending institutions don’t want to loan money for Land only without an exiting house or on the actual property.Building a new house on land requires financing for construction. How do construction loans work ? These loans are not offered by every lending institution. Many large mortgage companies like fannie mae lend for existing houses already.

.Many banks or credit unions will finance the land only purchase as they understood the local market and said it would require a down payment of 30-40%

Finding a bank or financing for a Construction only loan can also be challenging. Meaning If you own the Land already but with no house on it, which banks willlend you money to put a house up?

Bad Credit Construction Loan
Commercial Real Estate Loans
Countrywide Construction Loan
How Does A Construction Loan Work
No Doc Construction Loan
What Is A Construction Loan

1. 5.19.2012 – Got Bad Credit? | Source Capital Funding, Inc.
If you have been turned down for a real estate loan due to poor credit or any other reason, don't give up until you apply for a private loan with San Diego based Source Capital. This is what hard money loan experts, ...
(http://source-capital.com/5-19-2012-got-bad-credit)

2. Hard Money Lenders | Hard Money Loans | Do Hard Money
If you are looking for hard money lenders who can provide you hard money loans, look no further. We are the best hard money investors... ...
(http://www.dohardmoney.com/)

3. Hard money loan - Wikipedia, the free encyclopedia
A hard money loan is a specific type of asset-based loan financing through which a borrower receives funds secured by the value of a parcel of real estate. Hard money ... ...
(http://en.wikipedia.org/wiki/Hard_money_loan)