Hard Money Lenders Offer Short Term Hard Money Bridge Loans

Gustan Cho Associates are mortgage brokers licensed in 48 states

In this article, we will discuss and cover short-term hard money bridge loans offered by hard money lenders. Hard Money Lenders offer short-term bridge hard money loans. Many hard money lenders have 24 hour turnaround time on processing and underwriting. 

Private Money Loans

 Private Money Loans, also referred to as hard money loans, are short term bridge financing that is an alternative form of financing for the following:

In this article, we will cover and discuss using hard money for investment properties.

Benefits Of Using Hard Money Lenders

Hard Money Lenders

The reason real estate investors go to hard money lenders to finance properties not bankable or due to the borrower having poor credit or no income verification. Hard money lenders normally lend on asset-based financing. They base their lending decisions on the amount of equity in the property than relying on the credit profile of borrowers. Gustan Cho Associates can help borrowers with referring to hard money lenders. GCA Mortgage can refer borrowers to reputable Private Money and Hard Money Lenders in the United States. We have contacts with aggressive direct lenders of private money loans and hard money loans

Property Types

Capital Network Group Inc. 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 direct lenders is they do not have to broker deals to third-party investors on most of our commercial loans. Gustan Cho Associates also has the ability to broker commercial loans as well.

Gustan Cho Associates Commercial Lending ARM

Gustan Cho Associates’ sister company, Capital Lending Network, Inc. is a residential and commercial mortgage company helping consumers, investors, money managers, and hedge funds. The mission of the Captial Lending Network 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 CLN Mortgage are long-term investors who enjoy their annual 10% to 12% returns with not a single foreclosure on our books.  Capital Lending Network is headed by Pietr Bieda. Gustan Cho Associates Mortgage Group is a licensed residential and commercial mortgage banker powered by Nexa Mortgage. Gustan Cho Associates has over 160 lending relationships with wholesale lending partners.  with over 20 years of residential and commercial lending experience.

Capital Lending Network Business Model

Capital Lending Network Business Model

Capital Lending Network is the only private money lender in the country that is both a hard money lender and an end lender. If a hard money borrower purchases a property due to having bad credit, Capital Lending Network 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 Capital Lending Network can refinance them into an end loan at lower interest rates and the best terms available in the market for the borrower.

Qualifications Required By Hard Money Lenders

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. Capital Lending Network generally requires a 50% loan to value. However, a higher loan to value is doable. This holds true as long as the hard money borrower can cross collateralize other properties or the borrower is a strong borrower. Real estate investors in need of hard money loans may contact us at Gustan Cho Associates directly at [email protected]  Capital Lending Network can do business in 48 states.