FasterFunds Lending believes that getting a hard money loan should be quick and easy.
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- Get approved as a borrower with the Get Started form.
- Once you get a property under contract, complete the Property Information Sheet.
- Send FasterFunds Lending a copy of your contract along with your LLC documents.
- Schedule a property walk-through with the management team. (This is in lieu of an appraisal.)
- Secure insurance for the property.
- At the closing, sign the appropriate loan documents.
- Rehab the home, make monthly loan payments and follow through with your exit strategy.
- Annualized Interest Payment:12%
- Origination Fee: 3 Points
- No Pre-Payment Penalty
- Length of Loan: 6 Months
- Interest Only Loan