Goldstar Credit Corporation is a South Florida – based private mortgage company that specializes in hard money mortgages starting as low as $30,000 to as much as $15,000,000. These private equity mortgages are strictly asset-based, disregarding credit, financials, and other red tape involved with conventional financing.
Hard Money & Private Money Loans for Real Estate Investments. For Investors With Bad Credit, Self-Employed or Foreclosed Properties. Apply now! 866-500-4500
Much of this money will find its way to private companies. or a snapping up shares in a private equity investment trust that has these sort of companies within its portfolio. While there are not.
All advertised fixed and adjustable mortgage rates are based on loans with the following criteria: $200,000 loan amount 80% ltv (or a 20% downpayment) 0-2 points Borrower with excellent credit (740+).
While home. loan money out there Those who couldn’t get mortgages during the downturn because they didn’t have 20 percent to put down can find affordable financing again. Borrowers with FICO scores.
The investment companies, which include private equity. mortgage are unlikely to incur losses when the home is resold. To be sure, subprime lending has existed for quite a while. But since the.
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Are you having a tough time qualifying for a mortgage from a traditional lender? Whether you fail to meet the lender’s qualification criteria, don’t qualify for a FHA or VA loan, or wish to purchase a home the lender won’t finance, a private lender may be your only other option.
Hard Money Loan: A hard money loan uses the value of a property as collateral for the loan, instead of the borrower’s credit score and financial history. In the case of a fix and flip, it would be based of the after-appraisal-value of the property you plan on fixing.