REAL ESTATE LOANS FOR INVESTORS
As an online lending platform for real estate financing, we provide loans to developers and investments to lenders through a peer-to-real estate process which includes rehabilitating homes devastated by natural disasters amongst other things.
A bridge loan can provide a borrower capital needed for smaller property developmental projects such as rehabilitating or minor construction, but again such loans are not any easier to access compared with crowdfunding. Bridge loans also help keep projects afloat, or get a rehabilitation jumpstarted, while in search for more permanent financing.
Tips for Getting a Loan for Your Real Estate Investment
Tips to get the best loan possible. ...
Work on your credit score. ...
Get your income and employment documentation in order. ...
Pay down some other debts. ...
Make sure your target property will produce enough cash flow. ...
Apply with as many lenders as you can.
Call us : (504) 527-1904
What kind of loans are available for real estate?
Fixed-rate conventional mortgages are the most common type of home loan. Unlike other types of mortgage loans, you can use a conventional mortgage to buy most types of residential properties. Conventional loans have stricter credit score and debt-to-income ratio qualifications
Obtaining a conventional investment property loan from a private lender will require you to have a credit score of at least 720, although this number is flexible depending on other factors (such as your debt-to-income ratio and credit history).