HBS Finance provides a wide range of financing alternatives, including Stated Income, Sub-Prime, Bridge, Construction, Rehab, Private Equity and Hard Money Loans (non-conventional, non-credit based loans for borrowers with poor credit, or in foreclosure or bankruptcy).
These real estate secured loans are designed to provide solution to borrowers who require a more creative, flexible and aggressive approach to funding; are unable to obtain funding through a conventional source. We recognize the importance of service, and that loans must be structured around each borrower’s unique set of financial circumstances.
The amount or size of the loan and loan term are determined based on quality of the property, location of the property and credit worthiness of the borrower. Even though the borrower’s credit is considered but it is not the most important factor; typically, the loan qualification is based mostly on the collateral value.
Highlights of Program
– From 7.99% depending upon the Collateral and Loan Structure
– LTV up to 65%
– Loan Terms 1-5 Years
– Interest Only or Fully Amortized
– No Prepayment Penalty
– No Credit Check, No Appraisals, No Delay Funding