Private Money Loans: Hard Money Capital Group

Hard Money Capital Group

Gustan Cho Associates

Hard Money Capital Group is a full service hard money mortgage lender that has a 24 hour turnaround on processing and underwriting hard money loans.   Private Money Loans , also referred to as hard money loans, are short term financing that is an alternative form of financing for real estate investors, real estate developers, rehabbers, or consumers needing financing due to the property not being financeable or due to the borrower having poor credit or no income verification.  Hard money lenders normally lend on asset based financing where they base their lending decisions on the amount of equity in the property than relying on the credit profile of the mortgage loan borrowers.  Hard Money Capital Group is the premier Private Money and Hard Money Lender in the United States and is an aggresive direct lender of private money loans and hard money loans.

Property Types

Hard Money Capital Group lends on all different property types. From single family homes, to condominiums, to multi unit family properties, apartment buildings, strip malls, shopping centers, medical office buildings, apartment complexes, and industrial real estate.  One great benefit with Hard Money Capital Group is that they are direct lenders so they do not have to broker deals to third party investors.

Private Money Capital Group

Hard Money Capital Group’s sister company, Private Money Capital Group is an investment company that raises capital from consumers, investors, money managers, and hedge funds. The mission of Private Money Capital Group is to serve investors of private money loans with the most conservative collateral and the best possible borrowers for hard money loans.  Our investors at Private Money Capital Group are long term investors who enjoy their annual 10% to 12% returns with not a single foreclosure on our books.  Both companies, Hard Money Capital Group and Private Money Capital Group is headed by Michael Kaleikini, President and Chief Operating Officer.  Michael Kaleikini is a licensed residential and commercial mortgage banker and correspondent lender with over 20 years of residential and commercial lending and private mortgage lending.

Hard Money Capital Group Business Model

Hard Money Capital Group is the only private money lender in the country that is both a hard money lender and end lender.  If a hard money borrower purchases a property due to having bad credit, Hard Money Capital Group will help re-establish the private money borrower’s credit so they can qualify for an end loan.  By the time the rehab is done and the commercial property is stabilized, the private money loan borrower will have good enough credit where Hard Money Capital Group can refinance them into an end loan with its sister mortgage lender, Gustan Cho Associates, at a lower interest rates and the best terms available in the market for the borrower.

Qualifications for Hard Money Loans

Hard Money Lenders are a little different than traditional mortgage lenders.  Hard Money Lenders are asset based lenders where their main concern is the loan to value of the subject property than the borrower’s credit scores, debt to income ratios, or prior bad credit.  Most hard money lenders require a 65% loan to value.  Hard Money Capital Group generally requires 65% loan to value, however, a higher loan to value is feasable as long as the hard money borrower can cross collateralize other properties.  You may contact President Michael Kaleikini of Hard Money Capital Group directly at  Hard Money Capital Group has offices throughout the United States.  Hard Money Capital Group is headquartered in Downers Grove, Illinois and its processing and underwriting center is located in Las Vegas, Nevada.

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The information contained on Gustan Cho Associates website is for informational purposes only and is not an advertisement for products offered by The Gustan Cho Team @ Gustan Cho Associates or its affiliates. The views and opinions expressed herein are those of the author and/or guest writers of Gustan Cho Associates Mortgage & Real Estate Information Resource Center website and do not reflect the policy of Gustan Cho Associates Lenders Network, its officers, subsidiaries, parent, or affiliates.

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