If you’re looking for a hard money lender in Houston, Texas, LJC Financial can help. We provide hard money loans to investors looking for a fast loan option. We understand that traditional lenders may not be the best option for everyone, so we offer private money lending services to help our clients compete in a tough real estate market.
Hard money loans are asset-based loans typically used by investors to purchase and rehab properties. The loan is secured by the property itself, which gives the lender more security than a traditional loan. This type of loan is typically for a short-term investment, such as fix and flip projects.
Why Go With a Private Lender vs Traditional Bank
There are many advantages to working with a hard money lender like LJC Financial. For one, we can provide funding quickly – sometimes in as little as 24 hours. We also work with borrowers who may have less-than-perfect credit scores. And because we’re a private lender, we can tailor our loans to meet your needs.
Private Lenders like LJC Financial Offer:
- “Hard Money”, which is a hard asset, and we led based on the value of the collateral.
- Soft pull for credit checks, and it is not the basis of the underwriting or the determining factor on whether we make the loan.
- Speed! LJC Financial can move very quickly for time-sensitive financing options
What is a Hard Money Loan?
A hard money loan is a type of financing that is based on the value of the property, not the creditworthiness of the borrower. Hard money loans are typically shorter-term loans with higher interest rates than conventional loans.
How to Invest with Private Money Lending
If you’re interested in hard money lending, there are a few things you should know. First, hard money loans are typically short-term, so you’ll need an exit strategy before taking out a loan. Second, hard money loans usually have higher interest rates and fees than traditional loans. Finally, hard money lenders often require collateral – such as real estate or a vehicle – to secure the loan.
LJC Financial is a hard money lender based in Houston, Texas. We offer quick funding for borrowers looking for investment properties. We understand that traditional lenders may not be the best option for everyone, which is why we offer private money lending services.
Private money lending is a great way to finance non-livable locations for the owner in Houston Texas quickly.
Looking For Your Next Investment Property?
If you are interested in working with a hard money lender, we encourage you to contact us to learn more about our services. We’re happy to answer any questions and help you get started on your next investment property.
If you’re interested in learning more about hard money lending in Houston, Texas, click here to contact us.