How do you qualify for a hard money loan?

Although hard money lenders differ on underwriting principles and loan requirements, Intrust Funding requires a credit report, proof of funds, Purchase & Sale Agreement (if property is under contract), a Scope of Work, and in special cases other documents. Once we have these basic qualification documents, we can fund your project within 48 hours of approval!

By |2019-06-04T20:16:54-07:00June 4th, 2019||0 Comments

Are hard money loans a good idea?

Because hard money loans have short-terms, depend on the after repair value of a property rather than a borrower's credit score, can fund projects from $50,000 to more than $10 million, and, with Intrust Funding's hard money loan, can fund deals within 48 hours of a completed application, hard money loans are a great option for real estate investors who need to close on a property quickly, fund a renovation project, or both!

By |2019-06-04T20:14:05-07:00June 4th, 2019||0 Comments