219 S. 10th St., Suite D-1 Lemoyne, PA 17043
717-983-4260 (O)
717-496-4277 (F)
loansbyeric@comcast.net

Hard Money

What is Hard Money? Hard money refers to private money loans generally utilized by real estate investors for quick purchase and rehab of real estate. All loans are secured by a mortgage deed of trust to protect the lender and the borrower. These loans allow up to a 65% loan to value ratio off of the ARV or After Repaired Value of the property. If there is enough equity in the property , you can obtain enough money for the acquisition, closing and rehab costs, making it a true 100% NO MONEY DOWN DEAL. These loans have higher origination fees and interest rates because of the risk involved for the lender

Example

Consult with us to learn options for exit strategies