Advanced Funding Solutions offers quality private money loans in the Santa Barbara area. There are many benefits for individuals trying to get approved for this type of loan. You can enjoy receiving the money you need to improve your real estate property so that you can resale it again in the future for a higher price.
Bad Credit Approved
If you have bad credit, you can still be approved for this type of loan. It is based on a percentage of your real estate instead of your credit score. Since hard money lenders are taking a risk on lending money to people with less than perfect credit, they can feel safer knowing that the loan is backed by real estate. You do not have to worry about not getting approved for a loan as long as you have collateral to secure it.
Fast Approval Times
When you are dealing with private money loans, you can expect fast approval times. Instead of having to go through the long process to get a conventional loan, this loan is a quicker option. The application process is fast as well as the closing process.
Fair Loan Amounts
You can receive a premium loan amount depending on the value of your real estate. You can use the money that you receive to repair your property and much more. Santa Barbara Private money lenders can help you get the amount of money that you need.
When you choose a trustworthy loan company, you can be sure that you will receive your money quickly. Real estate flippers and investors can appreciate hard money loans, and they can improve their real estate so that it will be worth more money. If you are interested in a hard money loan, you can enjoy receiving it fast by a trustworthy company that cares about its customers.