More than ever, real estate investors are finding great opportunities in the city of Moses Lake. Bigger Pockets has made the BRRRR method a popular approach for real estate investors to generate passive income and accrue long term wealth. With our private money loans, investors have tremendous success at fix and flips and buy and holds in Moses Lake. Intrust Funding provides short term loans with loan terms that range from 5 to 12 months. With an easy, transparent, and quick application process, Intrust Funding can provide funds for investments within 48 hours of approval. That means buying properties quickly and repaying loans in no time. Real estate investing has never been easier.
As leading money lenders for residential in Moses Lake, we are known for our simple loan for residential real estate qualification process! Prequalifying for a short term loan from us is simple. Although there is no minimum credit score you need to have, we must have a credit report or a copy of a report issued in the last 12 months on file. This is just so we can make sure there aren’t any liens on collateral you might use for the loan. The second thing we need is a proof of funds for down payment, or proof of adequate collateral. Once we have those two things, that’s about all we need! But there are disqualifiers for our real estate investment loans. For us to provide funds for the investment, the loan cannot be used to acquire a property at in-person county auctions (although we do provide funds for online auctions), the property must have a free and clear title without any liens, and it must have a septic system in place. We also do not provides funds for land-only deals, unless the land is worth as much as the loan itself. Our private money loans are typically used to purchase an investment, renovate a property, or to refinance a loan from another lender. All fees, including transaction and origination fees, are rolled into the loan. A 1% per month interest payment is the only payment due during the course of the loan. And we charge no early payoff fee! To payoff the loan, a balloon payment is due at the end of the loan term when the investment property is ready to rent out, go on the market, or be refinanced. Our competitive rates equal or beat other hard money lenders in Grant County. Intrust Funding is a well-known hard money lender in the city of Moses Lake, offering cash on hand loans for difficult to fund projects.