GCMAC is a family owned direct hard money lender (not a broker) based in San Antonio, Texas. With more than 30 years experience in equity based lending, GCMAC specializes in financing for individuals and companies whose needs are not fully met by traditional banks.
· ”The real drawback is that hard money loans can cost substantially more than traditional financing. It’s not unusual to see a hard money loan that requires 10% down, 12% interest + 6 points with the entire amount having to be repaid in 6 months, so they are not for everyone.” -corey chappell, Real estate investor, 181 Close Now Private Money Lender Best Use
how hard is it to get a mortgage veterans home loan refinance 3 Options To Refinance Into a VA Home Loan – Bankrate.com – The biggest advantage of refinancing with a VA home loan is that homeowners can refinance up to 100% of the home’s value, and they don’t have to pay for mortgage insurance.
Hard Money Lenders | Home Equity Loan | Private Money Lenders – OUR PRIVATE MONEY LENDERS ARE AT YOUR SERVICE. Fast and effective solutions for your hard money needs from private mortgage lenders. Where to borrow money from can be a tough decision – getting the loan approved, furnishing security, documentation, and so on can take a great deal of time.
How to Get a Hard Money Loan Approval – wikiHow – Consider the pros and cons of accepting a hard money loan. Hard money loans are designed to be short-term investments, generally lasting 12 months. Will you be able to refinance this loan in that time frame? hard money loans also have higher interest rates than long-term loans; their interest rates generally range between 12 and 20 percent.
does refinance hurt credit score Do you know the score when it comes to credit ratings? – Myth 4: Your credit history stays with you forever Financial accounts, credit cards and loans remain on your credit file. it will appear on your credit report, which does mean they can affect your.
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BANK LIFTING RATE FOR SMALL LOANS; Manufacturers Trust to Set 4 1/2% Figure for Used-Car and Personal Credits – Higher interest costs and "hard-money" policies are catching up with the. consumer credit among the city’s big commercial banks, will raise its rate on used-car and personal loans to 4 1/2 per cent.
Vantex Capital | Private Direct Hard Money Lender In California – Vantex Capital is your direct hard money lender in California. We specialize in private money real estate & mortgage loans. Click to learn more.
Hard Money Interest Rates Explained – privatemoneyutah.com – Hard money interest rates aren’t as high as they seem to be. Sophisticated real estate investors know how to use hard money lenders to make more money. To make more money in their investments by getting these loans paid off in 4 to 6 months. To walk away with an interest rate that’s actually 4 to 6 percent.
List of Hard Money Lenders – Equinox Home Financing. Equinox offers same day approvals on hard money loans in California. They claim a 3 business day funding window once the loan file is complete with interest rates.