Hard Money Lenders Fort Lauderdale, FL
Get the Funding You Need with No Fixed Payments
Traditional loan procedures typically include extended approval periods and stringent requirements; however, with us at Working Capital Marketplace, we offer fast and adaptable hard money loans in Fort Lauderdale customized to fit your individual requirements. Contact us today to explore how we can help you secure the financing you need!
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Your Trusted Funding Partner
Direct contact: no middlemen, no surprises
5-star rating on GMB page
Funding available up to $10,000,000
Short-term repayment
30 years of industrial experience
Empowering you with fast approval and ongoing support to secure your financial success throughout your hard money loan term.
Property Types that Can be Financed with Hard Money Lenders
Single-family homes
Rental Properties
Office buildings
Industrial properties
Multi-family units (duplexes, triplexes, etc.)
Fix-and-flip projects
Retail spaces
Self-storage facilities
Condominiums
Vacant land
Warehouses
Hotels and motels and more
Don’t wait! Start financing your dream property with our hard money lenders in South Florida!
Why Choose a Hard Money Loan in Fort Lauderdale?
Quick Financing
Hard money lenders can finalize transactions, offering fast funding to individuals in immediate financial need. By using efficient methods, they provide a quick option compared to traditional loans.
Less Stringent Requirements
These lenders have less strict requirements compared to traditional lenders, making them easier to access for individuals with poor credit scores. This option of flexibility enables a larger number of individuals to obtain the necessary hard money loan for different projects just by mortgage property.
Versatile Use of Funds
Whether you’re looking to purchase, renovate, or refinance a property, hard money loans can be used for various real estate market purposes.
Low Credit Score
WCM Commercial understands that temporary credit score declines are a natural part of life. We mainly concentrate on the value of the property, rather than the applicant’s FICO score or debt-to-income ratios, when reviewing loan applications.
Expert Guidance
Our team of experienced commercial lending advisors can provide personalized guidance to ensure you make informed decisions throughout the loan program. We can help with from hard money loans to construction loans, to refinancing/cash-out refinancing once the asset is stabilized and value has been added.
Flexible Terms
Numerous hard money lenders offer personalized loan terms, giving you the flexibility to customize the agreement to meet your requirements. This flexibility helps make sure that your funding matches your specific objectives and situations.
Why Choose the Working Capital Marketplace for Hard Money Loans?
30+ Years of Industrial Experience
1000+ Businesses Financed
5 Star Rating on GMB page
Get Approval As Fast As 24 Hours
Seamless completion process
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Witness Our Customer Success Stories!
FAQ’s
What is a direct hard money lender?
A private or asset-based lender, also known as a hard money lender, plays a significant role in real estate finance. They offer borrowers a different way to receive funding, emphasizing the property’s worth instead of credit history, enabling them to obtain fast financing for real estate ventures and plans.
How to calculate a hard money loan?
To determine the complete cost of a hard money loan, you must factor in the interest rate, loan amount, and loan duration. If you were to borrow $100,000 at a 12% interest rate for 12 months, your monthly payment would be around $9,333. We offer Interest Only payments as well for those that qualify, which would reduce your monthly payment. For more queries contact us today and get your answers.
Can I qualify for a commercial loan with a poor credit score?
Of course, you can! Hard money lenders place more importance on the value of your collateral than on your credit history, allowing you to qualify with a low credit score.
What types of hard money loan programs are available and how do they cater to different investment needs?
Hard money lenders in Fort Lauderdale/South Florida, offer various loan programs tailored to real estate investors. These include:
Fix and flip hard money loans for quickly purchasing, renovating, and selling properties with fast approvals and flexible terms.
Commercial hard money loans cater to investments in commercial real estate: like rental properties, warehouses, flex space, or office spaces, with fast approvals regardless of credit scores.
Rental property investment loans focus on supporting investors in rental properties, emphasizing the underlying collateral.
Foreign nationals, can qualify and we can help in navigating the challenges of securing real estate loans, ensuring a smooth process to help expand their portfolios.
Are there Any Credit Requirements?
Many hard money lenders do not set minimum credit score prerequisites. Instead, their emphasis is on the worth of the collateral, which allows borrowers with bad credit to obtain these loans.