Blog / Getting approved
What a lender looks at, the documents to have ready, and how to plan your exit.
Getting approvedYou found an investment property worth pursuing. The seller is ready, the numbers look promising, and the closing deadline is approaching. Now you need financing. What does it actually take to get approved for a hard money loan in Florida? Hard money lenders evaluate the property, its value and equity position, the borrower, the requested…
Read the article
Getting approvedHard money loans are usually more flexible than bank loans, but flexible does not mean undocumented. Ron still needs enough information to understand the property, the equity, and the borrower's plan. Start with the address, property type, purchase price or payoff, estimated current value, requested loan amount, and timeline. Residential, commercial, multi-unit properties, mobile homes…
Read the articleCall me with the address, the numbers, and your timeline. I answer my own phone.
Call Ron: (727) 424-2720What to have in front of you
Not all of it? Call anyway. I will tell you what I need. I only do investment property.
