Premier Boston Brokerage Firm
Leveraging the talents of our Boston financial team, GenWealth Capital Commercial is an investment real estate brokerage firm with a singular vision of helping our clients reach their financial goals. We developed an efficient, unique process to assist both investors and developers of real estate alike in obtaining the financial resources to make real estate financing as straightforward as possible. GenWealth is committed to making your dream investments into reality, so you can count on us for all your Boston hard money loans and lending.
What Exactly is a Hard Money Loan?
Hard money loans are usually guaranteed with a property as collateral versus an object or other item. It’s highly common for hard money loans to be up to about 80% of the collateral property’s value, usually giving you a great amount to work with.
How Do You Get a Hard Money Loan?
While you can opt to work with a private investor or company, it is recommended to work with an experienced hard money lender to make sure you’re getting the most out of your loan. Hard money loans do usually have higher interest rates than a more conventional commercial or property loan, but the perks are usually worth the trade. Hard money loans tend to close faster than traditional loans, usually in about 15-45 days depending on the file’s complexity. This makes them a great option for applicants who are looking for a quicker loan process and less paperwork. GenWealth has a program for any financial needs, and our Boston hard money loan team is ready to assist you.
Beneficial Financial Resources from GenWealth
Our experience at GenWealth CapCo truly sets us apart from other brokers. Our Boston team is full of experts with formal credit training and a plethora of commercial and business lending experience.
To see the GenWealth Boston difference, reach out to our team today!