The Most Successful Austin Brokerage Firm
For nearly 15 years, GenWealth Capital Commercial has built and perfected an effective approach for acquiring financing resources for both real estate investors and developers. If you’re looking for financing or hard money loans in Austin, we can gladly assist you in realizing your investment goals.
Hard Money Loans—Explained
The majority of Austin hard money loans and lending is predicated on the value of a property as collateral. In most cases, you may get a loan for up to 80% of the value of your property. Hard money lenders are the most common source of these loans. Even if you have a good credit score and enough money, getting accepted for a loan through a traditional lender might take a longer time than you would like.
How Can I Get a Hard Money Loan?
One of the advantages of a hard money loan is that it often closes quickly. This makes them the ideal alternative if you want a quick lending process with little formalities. It can take between 15 and 45 days to close, depending on the kind of file and its individual intricacies. These hard money loans are typically obtained from a private investor or firm, or from a hard money lender. A hard money loan’s interest rate is often greater than that of a standard residential or commercial property loan. We’re sure to offer a program that will work for you.
Beneficial Financial Resources from GenWealth
When you’re working with GenWealth CapCo, our commitment to quality and excellence is crystal clear. With formal credit training and lending backgrounds heavy in commercial expertise, our team is truly your best financing option in Austin.
For more information about lending and hard money loans in Austin, please don’t hesitate to reach out to us today!