How to Work With Your Texas Mortgage Broker to Get a Texas Hard Money LoanSeptember 14, 2015
Learn the Benefits of a Texas Hard Money Loan!September 14, 2015
If you need a hard money loan but you don’t know where to even start you have come to the right place. Many people are afraid of hard money loans- they do sound scary!- but we assure you that they aren’t. In fact, hard money loans are easier to get than any other kind of loan including the traditional soft loan you get from a bank.
Bank loans can be difficult. There is a lot of procedure involved from paper work to making sure you have all your affairs in order. It can be time consuming and even then you may not get the money you need after months of waiting and that can be incredibly stressful. That’s where your Texas mortgage broker comes in because they have some things to say to you about hard money loans.
Unlike your bank loan that may never come, your hard money loan is fast and it doesn’t discriminate against credit scores. Your credit score is not taken into consideration when it comes to your hard money loan because the lender is much more interested in getting their money back, not what your credit looks like.
Don’t be afraid to try something different. This will be a wonderful thing for you to talk to your Texas mortgage broker about because it will be incredibly helpful. You will be able to take on what you thought you never could because you will have the money you never thought you could get. A hard money loan could be the answer you’ve been wanting (and maybe needing) for quite some time. You don’t have to get hung up on your traditional bank loan when you can get yourself a hard money loan from a private lender. Look into this alternative to a soft money loan today.
Contact a Texas mortgage broker and get your loan application started today!
NMLS 1057378 | AZMB 0923961 | MLO 1057378
23335 N 18th Drive Suite 120
Phoenix AZ 85027