Funding Solutions
Hard money loans are used in turnaround situations, short-term financing, and by borrowers with poor credit that need funds for
upcoming real estate projects such as property flipping, development projects, investment properties, etc. These types of loans
are also used for emergency situations like foreclosures and when a cash out is required by a real estate investor or developer.
The reason that hard money loans are a great option is that your eligibility is determined by the value of the property and not by the credit worthiness of the borrower.
Since the property itself is used as the only protection against default by the borrower, hard money loans have lower loan-to-value (LTV) ratios than traditional loans. There is also flexibility on the payment terms on the loan as well, which you will not receive from a traditional lending source like a bank.
The reason that hard money loans are a great option is that your eligibility is determined by the value of the property and not by the credit worthiness of the borrower.
Since the property itself is used as the only protection against default by the borrower, hard money loans have lower loan-to-value (LTV) ratios than traditional loans. There is also flexibility on the payment terms on the loan as well, which you will not receive from a traditional lending source like a bank.
What are the Benefits of Commercial Hard Money Loans from Fulton Funding, LLC
- Flexibility on terms and rates
- Fast Closings, sometimes in as little as 48 hours
- Professional Customer Service
- 1-3 year terms, interest only
- We Remove the earning "roadblocks" you face through conventional lending
Commercial Bridge Loans
Bridge loans are used all the time and in high demand by real estate investors and developers to quickly receive financing for special projects.REO Financing
REO or Real Estate Owned properties are very common nowadays. The property has gone through the foreclosure process and the home is now back in the possession of the bank or mortgage note holder. The banks typically will not want to hold on to these real estate assets for a long time and prefer to sell them quickly. The lender will typically sell these types of properties at a significant discount.Traditional financing for these types of properties can be very difficult to qualify for. Fulton Funding, LLC provides funding solutions to those real estate investors seeking to purchase REO properties.
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Call Us Now: 800-561-1590 | Email: info@fultonfunding.com
415 Main St, Suite I, Ridgefield, CT 06877