Hard Money Loans in Washington DC

We Offer The Highest LTV/Loan To Value in the Industry

Quick Real Estate Funding in Washington DC

Washington DC is one of the most exciting places to be in the U.S., and it’s a great place for house flipping, building a rental portfolio or Real Estate Developers.

Finding a trustworthy lender can make or break your financial success. It’s important to know that there are high-quality options available when you need help with financing a project or investment. The right lender will understand your unique needs, provide quick turnaround times, and offer competitive rates. That is why many real estate investors turn to Quick Real Estate Funding. Whether you’re planning on buying property, renovating a home, investing in real estate, or refinancing existing debt – we could be the key to making it happen quickly and reliably.

Definition Of Hard Money Lending

Hard money lending is a type of asset-based loan financing where a borrower receives funds secured by real property. The term “hard money” refers to the fact that it is backed by assets such as land, real estate properties or cash reserves. Hard money lenders are typically private individuals, companies, or investors who have capital available for short- and long-term loans when traditional lenders cannot provide them. These loans often come with higher interest rates and shorter repayment terms than conventional bank loans. Hard Money is Commercial loans for business purposes.

What is hard money? It is an alternative method of funding a project or purchase when obtaining credit from banks may not be possible. For example, if you need quick cash to buy an investment property but don’t qualify for traditional financing, this option can help bridge the gap between your current financial situation and your desired outcome. Additionally, these transactions are faster and more convenient since they don’t involve lengthy underwriting processes like those required by most banks. These loans don’t require income verification or tax returns.

A hard money lender in Washington DC provides flexible services that meet the needs of borrowers seeking fast access to capital without having to sacrifice their long-term goals. By taking advantage of our expertise in all aspects of real estate investing including commercial, residential, refinancing and business acquisitions we ensure that every client gets the best possible deal at competitive rates while being aware of all risks associated with each transaction. As knowledgeable experts in the field of finance, we understand how important it is to offer reliable solutions tailored specifically to each individual’s objectives.

Benefits Of Using a Hard Money Lender

Working with Quick Real Estate Funding in Washington DC offers many advantages to borrowers. One of the most significant benefits is financial flexibility; as a hard money lender we provide asset-based loans that traditional banks are unable or unwilling to fund, allowing for more options when it comes to financing projects in this region. Another advantage is the speed of funding; since we don’t rely on paystubs nor tax returns and other typical loan requirements, we can often provide funds within days instead of weeks or months as is common with conventional bank loans. In short, utilizing a hard money lender can be beneficial to any borrower looking for fast access to capital.

Difference Between Traditional and Hard Money Lending

Traditional lending is typically provided by banks or credit unions to individuals who have established good credit scores over time. These kinds of loans require income verification, including paystubs and tax returns. The borrower must have low debt to personal income. Additionally, they often require extensive paperwork and take several weeks or even months to approve – and rejections aren’t uncommon either.

In stark contrast, hard money lenders provide short-term financing backed by real estate assets only; no income verification is necessary here! Moreover, approvals are usually 1-3 business days since these loans are based on equity and profitability. However, one downside is that hard money loans generally come at higher interest rates than traditional ones do.

Hard money lenders in Washington DC know firsthand how demanding it can be for borrowers trying to sort through all their options while seeking out the right loan product for them. That’s why having access to experienced professionals like us who understand both types of lending helps alleviate some of the stress associated with making this decision.

Hard Money Lender Washington DC

As a hard money lending expert for Washington D.C., we are often asked about the advantages of using a hard money lender in this area. Hard money lenders provide fast access to funds with less stringent requirements than traditional financing, making them an ideal option for those who need quick capital or don’t qualify for other loans.

Fix and Flip

  • 12 Months interest only
  • Loan Amount $100k - $7M
  • 680 fico score or higher
  • Up to 85% of the purchase price + 100% of renovation cost (up to 65% ARV).
  • 1-4 units, condo/townhouses
  • Short-Term Bridge

  • 12-24 Months interest only
  • Loan Amount $100k - $2M
  • 680 fico score or higher
  • Up to 75% LTV
  • Refinance or Cash-out
  • 1-4 Units, condo/townhouse
  • Satisfactory appraisal
  • Fast Closing
  • Rental Loan

  • 30 Year, fully amortized
  • 1-4 Units, condo/townhouse
  • Loan Amount $100k - $2M
  • 680 fico score or higher
  • Up to 80% purchase price
  • Strong Rental Income
  • Refinance or Cash-out
  • Fast Closing
  • Multifamily

  • 12 Months interest only or 30 Yr Fixed
  • Five Units or more including Mixed-use
  • Loan Amt $250k - $10M
  • 680 fico score or higher
  • Up to 75% LTV
  • Refinance or Cash-out
  • Ground Up

  • One to Four Units
  • Up to 75% purchase price and 100% Rehab costs
  • $150k to 2M
  • Up to 70% ARV
  • Minimum 680 credit score
  • Must have prior experience with ground up construction
  • Hard Money Loan Products

    Simple Solutions for Investors and Flippers

    Quick Real Estate Funding is the go-to company for hard money loans in Washington DC. If you are an investor, flipper, or a landlord, give us a call to learn more about the loan products we offer. We are also a nationwide hard money lender (excluding AK, CA, NV, AZ, ND, SD, MN, ID, VT & OR).



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