Shermanbridge.com is an expert in bridge loans Texas. They offer hard money loans to investors to buy distressed property or to repair it. After the property is repaired, you can go for long term traditional mortgage. The hard money loan Dallas and Houston is offered on the basis of the after repaired value of the real estate property. Many investors use Sherman Bridge hard money loan program to acquire residential property in less than attractive condition, which the traditional lenders will not consider.
One of the senior executives at Shermanbridge.com said, “We provide hard money loans Houston, Dallas and other areas in Texas much quickly, when compared to conventional lenders. We offer up to 70% of the purchase price of the property. We require you to fulfill minimum eligibility criteria to get the funds. If you want to buy a property that is going to be refinanced and held as a rental property, you need to have a minimum credit score. However, we adjust the Loan to Value ratio for borrowers with less than perfect credit”.
Our hard money loan lets you continue to leverage your real estate investment, even if your credit score is low. If you are a new real estate investor who is unable to demonstrate sufficient income or cash reserves for a bank to become eligible for their loan or has very poor credit, very short job history or undocumented income, hard money loan Dallas and Houston can help you get the funds you need to buy and repair the property. If you are an experienced investor with up to 7 mortgages, hard money loan can be more suitable for you. If you are an investor who has no cash in hand to close with a traditional loan, you can apply for hard money loan with Sherman Bridge and settle the loan.
One of the senior executives at Shermanbridge.com said, “We provide hard money loans Houston, Dallas and other areas in Texas much quickly, when compared to conventional lenders. We offer up to 70% of the purchase price of the property. We require you to fulfill minimum eligibility criteria to get the funds. If you want to buy a property that is going to be refinanced and held as a rental property, you need to have a minimum credit score. However, we adjust the Loan to Value ratio for borrowers with less than perfect credit”.
Our hard money loan lets you continue to leverage your real estate investment, even if your credit score is low. If you are a new real estate investor who is unable to demonstrate sufficient income or cash reserves for a bank to become eligible for their loan or has very poor credit, very short job history or undocumented income, hard money loan Dallas and Houston can help you get the funds you need to buy and repair the property. If you are an experienced investor with up to 7 mortgages, hard money loan can be more suitable for you. If you are an investor who has no cash in hand to close with a traditional loan, you can apply for hard money loan with Sherman Bridge and settle the loan.
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