REDEFINING REAL ESTATE INVESTMENT

HARD MONEY LENDERS

Advanced Global Investment Group, Inc is one of Florida’s top Private Hard Money lenders. Specializing in helping seasoned and beginner real estate investors by providing short-term mortgage solutions to acquire, flip, rehab, or refinance commercial properties in Florida and all across the United States.
  • Loan Amount: $150,000 – $50,000,000
  • Terms:12 months to 30 years
  • LTV: up to 80%
  • Amortization: Up to 30 years Interest Rate: Starting at 7%
  • Closing time: 2 to 4 Weeks
  • Origination fee: 2% to 6% Lien position: First only
  • States Available: All 50 US States

WHAT IS HARD MONEY LOAN?

A hard money loan (HML) is a short-term financing solution, issued by private lenders, that allows real estate investors to obtain capital fast to develop, flip, or own properties directly. investors by providing short-term mortgage solutions to acquire, flip, rehab, or refinance commercial properties in Florida and all across the United States. A hard money loan is secured by the value of the subject real estate property, not by the borrower’s credit score. That’s how hard money lenders protect themselves against default by the borrower. Therefore these short- term loans can be obtained rather quickly. “Hard money” is a term used mostly in the U.S. and Canada where this kind of loan is common. Unlike a traditional loan, hard money loans are not issued by banks. This type of loans are only issued by private investor

WHAT DO I NEED TO QUALIFY FOR A HARD MONEY LOAN?

The first thing you’d need to get approved for a Hard Money loan is to have at least 20% to 40% down payment in the case of a purchase, or substantial equity in the property if you’re looking for a cash out refinance. The higher the down payment or property equity you have, the more likely you will be approved. We will also look at your credit score and cash reserves. We look at this to assess if you can make payments on time and pay for other costs like taxes, insurance, etc. Last but not least, we will look at the borrower’s experience in real estate. If this is the first time that the borrower is going to finance investment real estate, he or she might face more scrutiny than a borrower with years of experience in these types of deals.

ELIGIBLE PROPERTIES FOR AGIG’S HARD MONEY LOANS

  • Single Family 1-4unit non-owner occupied
  • Multi Family 5+ Units
  • Mixed use Retail plus apartments
  • Retail
  • Office buildings
  • Hospitality
  • Self storage
  • Warehouse
  • Vacant Land
  • Vacant Land

Just contact us with the answers to these questions and we will give you a quick estimate:


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