RESIDENTIAL MORTGAGE BROKER SPECIALIZING IN REFINANCE AND PURCHASE TRANSACTIONS

Introducing Business Purpose Hard Money Loans

January 28, 2020 3:22 pm Published by Leave your thoughts

Business Purpose Hard Money Loans

A small amount of residential hard money lenders provides business purpose owner occupied hard money loans. These types of loans are feasible when:

  • the borrower already owns their primary residence
  • the borrower has a sufficient amount of equity in their primary residence
  • the use of the loan proceeds will be used for some business purpose
    • Funding an existing or new business
    • Purchasing an investment property
    • The borrowers must own business for minimum of 2 years

Please Note: Specific Guidelines Apply, Call for additional details 877-756-2647


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