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Hard Money Lending NY

ARE YOU LOOKING FOR HARD MONEY LENDING IN NEW YORK?

One option for real estate investors looking to obtain the necessary financing needed to buy a fixer-upper or rental property is by using a hard money loan.

One of the most asked real estate investment questions that is asked is, “what is a hard money loan, and how can it help me fund my investment?

A hard money loan is asset-based loan financing through which a borrower, the real estate investor, obtains funds held by the value of a parcel of real estate.

Hard cash loans are frequently utilized outside of your customary bank financing since they offer real estate investors greater leverage and can close quicker than a conventional advance from a bank.

Hard money loans are provided to real estate investors by a hard money lender.

What is Hard Money Lender?

A hard money lender is someone that has the money that is needed to provide the borrower with the funds they need in order to purchase the investment property.

In order to acquire a hard money loan, the real estate investor must apply for it and go through the lender’s process. Make sure they meet all the guidelines and requirements to be approved and funded.

There will be an appraisal of the property that is looking to be purchased, as well as an after-repair-value (ARV). This gives the money lender an idea of the overall risk.

As long as the property meets the requirements, the hard money lender will them move forward and the loan will be funded.

At Gauntlet Funding the underwriting process can take around 7-10 business days from the time the borrower applies to the time the loan closes and is funded.

The reason we are able to close and fund deals so quickly is our dedicated Gauntlet Funding team of hard money operations analysts, who are paired with a real estate investor and will work with them to close and fund their loan. Our analysts have an in-depth knowledge of all of our loan programs and will be available to answer any questions borrowers may have.

Another advantage that separates us from traditional hard money lenders in New York and beyond is the straightforward rates and terms on our revolutionary programs.

Private Money Lending Cost

Here at Gauntlet Funding, we have the best tools and resources to answer all your investment questions and take care of all your needs. Invest in your success, and maximize your profit with a hard money loan.

Our state-of-the-art resources are always at your fingertips. Plus, we will be with you every step of the way, whether you’re on-the-go, at the office, or at home!

Our loan rates end where others begin we also offer some of the lowest rates and most revolutionary products in the industry.

Invest in your Feature with Gauntlet Funding Today

Gauntlet Funding is a New York-based private funding group comprised of experienced and knowledgeable industry professionals who specialize in direct private lending and distressed asset financing. If you’re considering commercial real estate investing, call Gauntlet Funding today at (631) 465-2161 to start your new financial future.

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