"I just wanted to let you know that John and I really do appreciate everything you have done for us REALLY!!! We know we don't understand all of this stuff and sometimes we are just old people asking questions, but hey, you are the GREATEST to us and it feels good to actually know what we are doing."
L. Hinthorn
L. Hinthorn
Hard Money Loans - Private Money Lending
Private money lending is one of Mortgage Capital's specialties. Our loan programs incorporate flexible terms that allow you to close fast when the banks can not approve or respond fast enough. We can provide "in house" financing or broker financing with MC&I to find a lender that offers the program that you need. We provide a wide variety of programs and have extensive experience with each, so when you come to us you are using an expert in the field with all the knowledge and advice you need to succeed.
Hard Money Loan (also known as a Private Money Loan) is a form of asset based borrowing that deals not only with real estate financing, but also includes lending for other types of projects or instances. The common thread is that there are assets that can be used as collateral, and there exists a need for capital when the normal financing sources are not available or have been exhausted, or when time is of the essence and conventional financing channels will not work.
Types of Loans : |
‘Fix & Flip’ loans |
Underwriting : |
“Common-sense” underwriting |
Rates and Terms : |
Rates can vary from 12% to 18%
These loans are only offered to investors or business owners on non-owner occupied properties.
Check out our variety of available programs. We strive to provide options for all borrowers of all situations, so we have programs for everything from construction, private money bridge loans to commercial loans, fix and flip loans and other loan programs. Read about our other options by following the links below.
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Other Mortgage Loans we offer:
Commercial Loans, Commercial Real Estate Financing
Hard Money Loans - Private Money Lending
