Unlike conventional mortgages, hard money loans are secured by the property itself rather than your financial history. This makes them a viable option for borrowers with non-traditional income sources, limited credit history, or tight timelines.
ReRx Capital Hard Money Loans are tailored for a diverse range of real estate investors, including real estate flippers specializing in buying, renovating, and swiftly selling properties for profit. Property developers involved in ground-up construction or substantial rehabilitation projects will find our financing solution accommodating. Rental property investors aiming to purchase and refurbish properties for long-term investment are also well-suited to our offerings.
Business owners and self-employed professionals seeking to invest in real estate without the constraints of traditional income documentation can benefit from our flexible financing. Realtors and brokers, whether pursuing personal investments or securing financing for clients, discover value in ReRx Capital Hard Money Loans. Our goal is to provide precise and effective financial solutions for various real estate investment needs.
ReRx Capital sets clear eligibility criteria for our Hard Money Loans to help you quickly assess your qualification:
Available from $50,000 to $5,000,000, suitable for various project sizes.
Flexible considerations, accommodating diverse credit histories.
Open to all, from novices to seasoned real estate investors.
Loans cover a wide range of property types across most U.S. states.
Industry-standard down payments required, varying by loan type.
What makes ReRx Capital stand out among Hard Money Lenders?
We offer some of the most competitive rates in the market, ensuring your investment is both affordable and profitable.
Embracing technology and automation, we streamline loan processes for efficiency and ease, saving you time and hassle.
Our commitment to outstanding service ensures a smooth, supportive, and transparent loan experience from start to finish.
Catering to various real estate strategies, from fix and flips to ground-up projects, we provide tailored solutions to fit your specific needs.
At ReRx Capital, we value honesty and clarity, ensuring you have all the information you need to make informed decisions.
Servicing a broad geographical area, we offer opportunities for investors across most states in the U.S.
The Loan-to-Value (LTV) ratio is a financial term used to describe the ratio of a loan to the value of an asset purchased. In the context of real estate, it's the amount of the loan divided by the value of the property being purchased or refinanced. LTV is a key factor in determining the risk of a loan - a lower LTV ratio implies less risk for the lender. For example, if you're buying a property worth $100,000 and you need a loan of $80,000, your LTV ratio is 80%. This ratio helps lenders assess loan applications and determine suitable loan amounts and terms.
We offer competitive LTVs, up to 85% of the property's cost, allowing for significant financing coverage.
Our loan terms vary, and any prepayment penalties would be clearly outlined in your loan agreement. Transparency is key in our operations.
Typically, you'll need to provide property details, your financial information, and plans for the investment. Exact requirements can vary based on the loan type.
Interest rates are based on factors like loan amount, property type, and borrower's experience and financial standing.
Our transparent process, coupled with our LTV calculator, allows you to understand the financial dynamics of your hard money loan.
Yes, we offer refinancing options that allow you to transition to longer-term financing solutions as needed.
