![]() ![]() If all required documentation is not provided, we may be unable to establish a customer relationship with you. Before you seek out financing for your next project, make sure you understand all of the advantages and risks of using hard money. Unfortunately for investors, many unscrupulous lendersscammers have found their way into the industry and have it their business to try and separate you from your money. Trust Deed investing requires a minimum investment of 50,000. When used correctly, a true hard money lender is an invaluable asset allowing you to do more deals than you’d be able to otherwise. We may also ask to see your driver's license or other identifying documents. Real Estate Note Investors If you are looking for higher rates of return than other fixed rate investments, or want less volatility than stock investments, then you should be investing with us Typical returns are 11-16 annually. What this means for you: When you apply for a loan, we will ask for your name, address, date of birth, social security number and other information that will allow us to identify you. To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify and record information that identifies every customer. ![]() IMPORTANT INFORMATION ABOUT ESTABLISHING A NEW CUSTOMER RELATIONSHIP Pros About Hard Money Loans: Flexibility Quick closing in 3 - 7 Days Interest-only payments Wide range of property types No Income Documentation. Equal Housing Lenders.įor California Residents: BHG Money loans made or arranged pursuant to a California Financing Law license - Number 603G493. An SSD (Solid State Drive) is a type of storage device, but it’s different from traditional hard drives due to the technology involved and its day-to-day performance. For personal loans, a complete credit history, which will appear as an inquiry on your credit report, will be performed upon acceptance and funding of the loan and may impact your credit.Ĭonsumer loans funded by one or more participating lenders. Call 86 for complete program details.ĢThere is no impact on your credit for applying. Finance amount may vary depending on the applicant's state of residence. Loan sizes, interest rates, and loan terms vary based on the applicant's credit profile. Personal loans not currently available in Illinois or Maryland.ġTerms subject to credit approval upon completion of an application. ![]()
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