Hard Money Loan Program

A “hard money” loan is a short-term bridge loan used to acquire or refinance a property when conventional financing is not available or will simply take too long to close. A hard money loan is a great fit in the following situations:

1. When you need to close fast (in less than 2 weeks).
2. When the property is not generating any income (not leased).
3. When the property needs renovations.
4. When you don’t have great credit (below 620)
5. When you can’t provide verifiable income (no tax returns available).
6. Foreign National Borrower

At Amcap Home Loans , our hard money loans close very quickly… even in as little as 5 days! Our hard money loans require no personal income verification and very little documentation!

What is a hard money loan typically used for? A hard money loan also known as an asset based loan is traditionally used to finance the acquisition of a property, as well as improvements or renovations for real estate investors or as a short term financing solution for borrowers who can not qualify with a conventional bank. In the case of a real estate investor, after the renovation is complete the property will be sold or leased up. The hard money loan will then be refinanced with a lower rate & longer term permanent financing. Essentially, hard-money loans “bridge” the gap for the investor until permanent financing becomes available or the property is sold.

Commercial Bridge Loan Program

A “Commercial Bridge” loan is a short-term loan used to purchase or refinance a property quickly in order to take advantage of a short-term opportunity, accommodate an urgent closing, or bridge the gap until permanent financing is available.  A Commercial Bridge Loan is a great fit in the following situations:

1. Unique acquisition situations requiring non-conventional financing such as a foreclosure sale or REO
2. Sale & Leaseback Scenarios needing a quick closing
3. Distressed Sales, IRS Liens, Bankruptcy Resolutions, Debt Consolidation
4. Partner Equity Buyouts
5. Mortgage Acquisitions and Discounted Mortgage Buybacks
6. Rehab & Conversion opportunities which require property stabilization before permanent financing can be obtained

At Amcap home loans, our commercial bridge loans close quickly… in as little as 7-10 days at rates starting at 5.99% – 10%! Our commercial bridge loans require no personal income verification and very little documentation instead the underwriting is primarily based on the property itself! Our Commercial Bridge loans are a great way to purchase or refinance a commercial asset which needs a quick closing without the extensive underwriting associated with traditional bank financing. Our commercial bridge loan program provides you with the ability to close quickly by using a reliable & experienced lender as your financing partner. and very little documentation!

New Construction Loan Program

A “New Construction” loan program is designed to provide a streamlined financing solution to build single family, multi-family, and mixed use projects which are entitled or shovel ready. A New Construction loan is a great fit in the following situations:

1. For an experienced builder or developer who is looking to capitalize on a new project without waiting on bank financing
2. A contractor who owns entitled or shovel ready land but needs the financing to get the project started
3. A fix & flip project that has extensive rehab requiring vertical additions or significant horizontal additions to the property

At Amcap home loans, our New Construction loans close very quickly… in as little as 14 days at rates starting at 6.99% – 9.99%!! Our construction loans require very little documentation instead the underwriting is primarily based on the risk of the project itself! Our New Construction loans are a great way to acquire property to build a single family spec home or multi-family development. Our new construction program provides you with the ability to close quickly by using a reliable & experienced lender as your financing partner.

Rental Investment Loan Program

A “Rental Investment” loan is a long-term loan used to purchase or refinance property with the intent to hold it for at least 3+ years in order to profit from the cash flow from the property and future appreciation. A Rental Investment loan is a great fit in the following situations:

1. When the property does not need renovations.
2. When you are looking to payoff a bridge loan which was used to renovate the property.
3. When the property is stabilized, leased up, or generating any income.
4. When you want a long term financing solution on rental investment property.

At Amcap Home Loans , our rental investment loans close quickly…even in as little as 7-10 days at rates starting at 5.99% – 10.00%! Our Rental Investment loans require no personal income verification and very little documentation!