TYPES OF HARD MONEY LOANS AVAILABLE

 LOAN SIZE: From $50,OOO to $20 Million. LOCATIONS WE LEND: All 50 U.S. states.  

LOAN-TO-VALUE: Residential Properties and Refis: Up to 100% financing available in California . residential properties outside of California - 70% LTV. For commercial properties we lend up to 75% LTV.

HARD MONEY RATES: Rates vary from 6-15% per annum, interest only, depending upon collateral and loan structure -- plus 2-8 points on the loan.

Who are Hard Money Loans Ideal for? Hard money real estate loans are ideal for borrowers who are unable to obtain funding through a conventional source. The properties or the borrowers are often clouded by legal or operational problems. Business hard money loan lenders can often help solve the problems and get the property repositioned for a conventional refinance.

How long do hard money loans typically last?
Hard money loan terms are typically no longer than two to three years. The reason is simply that a longer term becomes too expensive for the borrower. With hard money loan lending, the goal is to have the borrower in and out of the hard money loan as quickly as possible. The hard money loan lender will analyze each transaction during the due diligence process for "good risk" -- to be sure that a property can be repositioned for conventional refinancing or sale within one or two years.
 
Business Hard Money Loan Equity
The amount of equity needed for a hard money loan depends on the quality of the real estate and the hard money loan lenders themselves. The hard money loan lenders of CNG Capital prefer 20% to 25% equity.

For more information or to start a loan, please e-mail me at info@gscmi.com

Thank you,

Scott Fader