We are dedicated to making real estate financing more accessible and straightforward for you. Whether you’re seeking funding for residential or commercial properties, we have you covered in all 50 states. Our range of loan products includes Stated Income (No Income Verification) loans that are designed to provide you with greater flexibility in the real estate market.
One of our standout offerings is the 30 Year Fixed loan, which includes an enticing 5-year Interest Only option. This feature allows you to have more control over your financial strategy and tailor your loan to your specific needs. It’s an ideal solution for those looking for flexibility and long-term financial planning.
Our 30 Year Fixed loan also offers a remarkable opportunity for Cash-Out refinancing, allowing you to access up to 75% of the property’s equity. This option can be a game-changer for investors and homeowners alike, providing you with the capital you need for a variety of endeavors, such as home improvements, debt consolidation, or new investments.
Our loan amounts are generous, with options available up to $5,000,000, making it possible to tackle projects of various sizes. To make these loans even more appealing, our rates start as low as 7.99%, ensuring that you receive competitive terms that align with your financial goals.
One of the significant advantages of choosing us is the absence of various traditional requirements. We offer loans without a Debt Service Coverage Ratio (DSCR) requirement, which can be a roadblock for many borrowers. Additionally, there is no need to meet specific Debt-to-Income (DTI) criteria, ensuring that more borrowers can access the financing they need.
We understand that sourcing or seasoning a down payment can be a challenge for many borrowers. At Hard Money Depot, we remove this obstacle by not requiring such conditions. This means that you can secure a loan without the need to meet these demanding prerequisites.
To further simplify the borrowing process, we do not demand reserve requirements, offering you more flexibility and peace of mind. We understand that individuals have varying financial situations and aim to accommodate those differences by eliminating unnecessary restrictions.
Our FICO credit score requirement is set at a reasonable 600, ensuring that a broader range of borrowers can qualify for our loans. We believe in offering opportunities to those who might be underserved by traditional lenders.
Are you in the short-term rental business, such as Airbnb? No problem! Hard Money Depot welcomes short-term rentals, making it easier for short-term rental property owners to secure the financing they need for their operations.
Additionally, we cater to Foreign Nationals and Foreign Investors, recognizing the diversity of our clientele. If you’re an international investor or a foreign national, we have options that can suit your unique needs.
With HardMoneyDepot.com, you can expect swift results. Our loan approval process is efficient, allowing you to close on your loan within 7 to 10 days. This quick turnaround empowers you to seize real estate opportunities promptly and make the most of your investments.
We offer a wide range of loan options to fund your residential and commercial real estate ventures. Our flexibility, competitive rates, and straightforward approval process are designed to provide you with a tailored solution that meets your financial goals. Whether you’re looking to purchase a new property, refinance an existing one, or explore the possibilities of cash-out refinancing, we are here to help.
