Residential Refinance Hard Money
Hard Money Go is committed to close your Residential Refinance in as little as two weeks. We understand the importance of closing your transaction on time and therefore our system is tailored to meet your needs.
Whether you are inquiring about a rate and term to reduce your monthly payments or need cash as soon a possible for another investment property we are more than willing to assist you with your financing needs.
We can provide financing for properties vested in an LLC, Corporation, individual, etc.
Our loan process is made easy. As a borrower you have a few different options to inquire about our guidelines and if you qualify: You can either go to the application page and fill in some information or call our office at 888-832-7576 and an experienced staff member will ask you some questions such as when you purchased the property, how much is owed on the property, how much the property is worth, etc.
You may also visit our office located at the heart of Century City and meet with a professional loan officer. With all options, our staff will do research on your property and review your situation. In specific, they will research sold comparables, active/pending comparables, current market rents in the area, and etc.
Within only 24-48 hours a qualified loan officer will contact you indicating whether you meet our guidelines and if so how to proceed.
If you have any further questions please visit our Frequently Asked Questions page or give us a call at 888-832-7576.
Documentation Required:
- Loan Application completely filled out and signed.
- Last Month Personal or Business Bank Statement.
- Articles of corporations paper work.
- Evidence of Hazard Insurance/Declaration page.
- Escrow & Title Documents.
California Hard Money Terms
Type: | 1-4 Units |
Term Options: | 1-3 Years |
Cost: | 2 Points |
Loan to Value: | 65% |
Cash Out Available: | YES |
Appraisal: | $375-$400 |
Interest Rate: | 7.5% |
Prepayment Penalty: | 6 Months |
Income Document Required: | NO |
Fico Requirement: | 620 |
Vesting: | LLC, Corporation, Individual, Etc. |