FAQs

Not necessarily, we consider various factors when evaluating loan applications. Some of the factors we consider are income, credit history, and collateral.

These types of loans are commonly used in real estate investing, particularly for fix-and-flip projects or property acquisitions that need immediate funding. They can provide investors with the capital needed to purchase properties quickly or make necessary repairs and renovations. A hard money borrower should have an exit strategy, or multiple, such as re-sell or re-finance the property.

Interest only loans are a type of loan where the borrower is only required to pay the interest portion of the loan for a specified period, typically in the initial stages of the loan term. During this period, the borrower is not obligated to make principal payments.