Florida how to refinance mortgage and hard money

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hard money loans are a lending product that are meant to be unconventional and made for the unconventional borrower. Now what exactly is a hard money loans? Hard money loans are short term loans meant to be a quick fix. See most conventional, FHA, or VA loan products are set up to last between 15 and 30 years.

But do not fear, there IS a solution. They just care that your deal is really a deal. You’ll find lenders in all 50 states, including California (CA), Florida (FL), New Jersey (NJ), New York (NY), Arizona (AZ), Texas (TX) and Georgia (GA). Avoid the hassles and fees tied to borrowing hard money.

As far as investors refinancing hard money loans, this can be done as a rate/term refinance (just the 1st mortgage lien recorded at closing) anytime or cash out after 6 months. From the way that I read the guidelines for Fannie, investors that use their own cash for purchasing and rehab cant get those funds back for 12 months.

Florida-HardMoney.com is a specialty private money and hard money real estate broker. We have hard money lenders that will get you the money that you need. Hard money loans is our specialty. Our goal is to work with you as quickly and efficiently as possible to get you the mortgage loan you need.

The Florida mortgage refinance process of paying off an existing loan, with the proceeds from a new loan is known as a mortgage refinance. florida mortgage applicants often seek to secure a lower interest rate or to lower a monthly mortgage payment. The most common type is of Florida mortgage refinance is a rate and term refinance.

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LendingOne – Hard Money lenders in Florida LendingOne is a private money lender offering short-term mortgage loans to real estate investors for investment properties across the state of Florida. Locating Hard Money lenders in Florida that understand your market is very important.

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A mortgage refinance replaces your home loan with a new one. People refinance to save money, tap the home’s equity or trade an ARM for a fixed-rate loan.

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