Private Hard Money Loans
No Doc Equity Based Residential & Commercial Real Estate Loans & Financing in Saint Louis
SFR 1-4 Units, Condo, Townhome, Mixed Use, Multifamily, Retail Office
$75K - $10 Mil
Purchase Refinance 2nd
Up to 80% LTV *
Stated Income, No Income Doc
Any Credit Ok
Low Interest rates
6 months to 30 Year Fixed
Non Owner & Owner Occupied *
No upfront cost
Easy to Apply, Quick Approval
Funding in Days
Commercial Hard Money Loans Lenders in Saint Louis, MO
We are Residential and Commercial Real Estate Mortgage Brokers offering Loans & Financing in Columbia for Purchase, Refinance, Cash Out & Rehab for Single Family 1-4 unit, Rental property, Multifamily Apartments, Mixed Use, Retail & Office building, Warehouse and other commercial properties. We also provide Conventional Full doc, lite doc, No doc, stated income, equity based private hard money loans in St. Louis for 1st & 2nd Position mortgage for Owner and Non Owner Occupied properties. For borrower's with credit or income issues we also provide Non prime, non QM mortgage programs.
Get Real Estate Loans using
No Doc, Alt Doc, Full Doc
Stated Income or No Income Verification
Purchase, Refinance, Cash Out,
Rehab, or Debt Consolidation
1st or 2nd Position Loans
Up to 80% Loan to Value
Any Credit Accepted
No Prepayment Penalty
Equity Based Loans in St. Louis
No Min Credit Score Required
Stated Income & Full Doc
No Source or Seasoning of Down
BK, Short Sale & Foreclosures OK
No Prepayment Penalty
LTV up to 80% for Purchase*
LTV up to 75% for Refinance*
Cash Out up to 70% LTV*
Low Interest Rates %
Terms from 6 months to 30 Years*
Loan Fees 1-3 points*
Call for details
*Rate, Terms, Fees, LTV are dependent on the property type, loan purpose, loan amount, loan to value, lien position, location, occupancy, borrower ability to pay, credit etc. Call for Details
St. Louis Property Type:
Residential properties 1-4 unit
Senior Care Facility
Equity Based, No Doc, Stated Income Hard Money Loans Lenders
We offer stated income, equity-based 1st & 2nd / Second Position Private Hard Money Loans to borrowers who can’t qualify for a bank loan or who simply need capital quickly. Investors care more about Equity in the property, borrowers ability to make payments & theirs Exit plan to repay the loan. Therefore, we won't waste your time. If we can't help you, we'll refer you to a private lender who may.
Private Hard Money Loans & Financing are available for all Residential properties 1-
Private Hard Money Mortgage Lenders & Investors Fund Loans based on Equity in the Property and have Simple Loan Guidelines & Requirements. Approval process is fast and funding is done in days.
We Provide Stated Income Residential & Commercial Private Hard Money Loans Lenders in Kansas City, St Louis, Springfield, Independence, East Independence, Columbia, Lee's Summit, O'Fallon, St. Joseph, St. Charles, MO.
Documents Required for getting a Pre-Approval or an LOI (letter of Interest);
1-4 Unit Residential Property: Loan Application, Recent Credit Report
5+ Multifamily Property: Loan Application, Recent Credit Report, Rent Roll & Operating Expense Statement
Mixed Use Property: Loan Application, Recent Credit Report, Rent Roll & Operating Expense Statement
Other Commercial Properties: Loan Application, Recent Credit Report, Rent Roll & Operating Expense Statement
Additionally for Purchase we need copy of purchase agreement & proof of down payment if available.
Investment Rental Property Loans Lenders in St. Louis
We offer equity based loan for 1-4 unit residential rental property in St. Louis. Most of our rental property loan programs are stated income, no income verification, no DSCR required. Rental property lenders offer term from 6 months to 30 years fixed. If you are looking to purchase a rental property, refinance your existing investment rental property or need to cash out from your rental property we can help you find the best no doc rental property loan option available based on your loan requirement.
Multifamily 5+ Unit Apartment Loans Lenders in St. Louis
We offer equity based loan for 5+ commercial multifamily properties in St. Louis. Most of our multifamily loan programs are stated income, no income verification, no tax returns required. Multifamily property lenders offer term from 6 months to 30 years fixed. If you are looking to purchase a Multifamily property , refinance your existing commercial multifamily property or need to cash out from your multifamily property we can help you find the best loan option available based on your loan requirement.
Commercial Mixed Use Property Loans Lenders in St. Louis
We offer equity based loan for residential commercial mixed use property in St. Louis, MO. Most of our mixed use property loan programs are stated income, no income verification, no tax returns required. Commercial Mixed use property lenders offer term from 6 months to 30 years fixed. If you are looking to purchase a mixed use property, refinance your existing mixed use property or need to cash out from your mixed use property we can help you find the best loan option available based on your loan requirement.
Retail Office Building Loans Lenders in St. Louis
We offer equity based loan for commercial retail office property in Saint Louis, MO. Most of our retail office property loan programs are stated income, no income verification, no tax returns required. Commercial Retail office property lenders offer term from 6 months to 30 years fixed. If you are looking to purchase a Retail office building , refinance your existing Retail office building property or need to cash out from your Retail office building we can help you find the best loan option available based on your loan requirement.
Stated Income Commercial Bridge Loans & Lenders in St. Louis
A hard money bridge loan is a short term loan taken out by a borrower against their residential or commercial property until they secures permanent financing or removes an existing obligation. It allows the borrower to meet current obligations by providing immediate cash flow. Bridge loan are based on equity in the property, no income verification is required for qualification.
We provide equity based private hard money No doc bridge loans in St. Louis against residential or commercial property. Bridge loans are short term, from 6 month to 3 year, bridge loans are relatively high interest rates, and payment are interest only. Get access to hard money lender in St. Louis for bridge loans for purchase, refinance, fix & flip & Rehab.
No DSCR Rental Property Loans in St. Louis, MO
What is Debt Service Coverage Ratio (DSCR) used for Rental Investment Properties
The debt service coverage ratio (DSCR) are normally calculated for Investment Rental properties, also known as "debt coverage ratio" (DCR), is the ratio of operating income available to debt servicing for interest, principal and Insurance payments. It is a popular benchmark used in the measurement of an entity's (person or corporation) ability to produce enough cash to cover its debt payments. The higher this ratio is, the easier it is to obtain a loan.
The Debt Service Coverage Ratio (DSCR) is a simple way of measuring the ability of an investment rental property to pay all its operating expenses and any debt that may be against the rental property. Many commercial lenders uses DSCR for calculating income on rental properties, Multifamily properties, Mixed Use properties, Office Retail buildings and other income producing commercial properties.
A No DSCR loan is where the lenders does not use ratio for qualifying the loan. We Provide No DSCR loans, Equity based rental property loans, No Doc rental property loans & Stated Income Investment Property Loans Lenders in St. Louis.
Stated Income Commercial Loan Lenders in St. Louis
A stated income commercial loan is a mortgage where the commercial lender does not verify the borrower's income by looking at their tax returns, pay stubs, W2 forms or other records. Instead, borrowers are simply asked to state their income, and taken at their word. We have access to network of stated income commercial lenders in Memphis offering these type of commercial financing for SFR Investment Property, 1-4 Unit Rental Property, Multifamily 5+ Unit Apartments, Mixed Use Property, Retail & Office building, Self Storage, Mobile Home Park and all other commercial properties.
No Doc Commercial Loan Lenders in St. Louis
A Low-Doc or No Doc commercial loan refers to loans that do not require borrowers to provide documentation of their income to lenders or do not require much documentation. Borrower can qualify by using their bank statement deposits or property income. We have access to network of No Doc or Low doc commercial lenders in Newark offering these type of commercial financing for SFR Investment Property, 1-4 Unit Rental Property, Multifamily 5+ Unit Apartments, Mixed Use Property, Retail & Office building, Self Storage, Mobile Home Park and all other commercial properties.
Hard Money Adjustable & 30 Year Fixed Commercial Loans
We also provide stated income commercial mortgages with different loan terms such as adjustable commercial loans like 3/1 Arm, 5/1 Arm, 7/1 Arm and also we have commercial fixed rate programs like 10 year fixed, 15 year fixed, 20 year fixed and 30 year fixed commercial loan.
What is Hard Money or Private Money Loans? How to Get Hard Money Loans?
A Hard Money Loans is a specific type of asset-
Private Money Loans is commonly used term in banking and finance. It refers to lending money to a company or individual by a private individual or organization. While banks are traditional sources of financing for real estate, and other purposes, private money is offered by individuals or organizations and may have non traditional qualifying guidelines. There are higher risks associated with private lending for both the lender and borrowers. We provide Private Hard Money Loans Lenders in St. Louis.
Private Hard Money Lenders in St. Louis
Hard Money Lenders & Investors are lending companies, or individuals, offering a specialized type of collateral backed loan. Private Hard Money Lenders tend to lend short-term loans (also called bridge loans) that provide funding and or cash, based on the value of the collateral. A Hard money lenders and Investors can and will utilize all types of collateral- residential properties, commercial properties, vacant land, vehicles, etc. to complete the loan.
Usually a Hard money lenders tend to focus on the value of the collateral and sometimes borrower's ability to repay the loan, FICO score, debt to income balance; instead of based on their own personal income or other assets, as is common with traditional conventional lenders. Most Hard money lenders typically charge much higher interest rates and fees than banks because they fund deals that do not conform to bank standards such as verification of borrower's income, assets, or credit score. We have access to many Private Hard Money Loans Lenders in St. Louis.
Hard Money 2nd Second Mortgage Loans Lenders in St. Louis
A Second Mortgage Loan Position is a 2nd Lien or a Junior Lien on the property as a result Second 2nd mortgage falls behind the 1st mortgage. Second / 2nd Mortgage are also known as Home equity loans and home equity lines of credit (HELOCs). 2nd mortgages are riskier for lenders and therefore generally come with a higher interest rate than first mortgages. This is because if the 1st mortgage loan goes into default, the first mortgage gets paid off first before the second mortgage.
Therefore when refinancing, if the borrower wants to refinance the 1st mortgage and keep the 2nd mortgage, the homeowner has to request a subordination from the 2nd lender to let the new 1st lender step into the first lien holder position. We offer business purpose stated income second mortgage for owner occupied and non owner occupied properties. Get access to network of Private Hard Money Loans Lenders in St. Louis.
A Second Mortgage can be structured as a fixed amount to be paid off in a specific time, called home equity term. Similarly, they can also be structured like a credit card giving the borrower the option to make a payment less than the interest charged each month. We also provide commercial 2nd position loans nationwide.
Home Equity Loan Program in St. Louis
A home equity loan is a lump-sum fixed loan against your property you get all of the money at once, and you repay with a flat monthly payment over the coming years. To calculate equity, subtract any outstanding loan balances from the property’s market value therefore you have more equity to use. Home equity can increase over time if the property value increases or the loan balance is paid down.
Home equity is the difference between the home's fair market value and the outstanding balance of all liens on the property. You can use home equity loan for business purpose, such as advertising, marketing, Inventory and other business use. We have access to network of private hard money lender for stated income home equity loans. Get access to Private Hard Money Loans Lenders in St. Louis.
Stated Income, No Doc, Low Doc Commercial loans in St. Louis MO
A stated income commercial loan is a mortgage where the commercial lender does not verify the borrower's income by looking at their tax returns, pay stubs, W2 forms or other records. Instead, borrowers are simply asked to state their income, and taken at their word. We have access to network of stated income commercial lenders offering these type of commercial financing.
A No-Doc or Low-doc commercial loan refers to loans that do not require borrowers to provide documentation of their income to lenders or do not require much documentation. Borrower can qualify by using their bank statement deposits or property income. We have access to network of No Doc or Low doc commercial lenders offering these type of commercial financing.
Stated Income, No Doc Loans in Detroit - No Income Verification Loans in St. Louis
Hard money lenders & Investors also provide Stated Income Loans. These Stated income loans allow borrowers to simply state their monthly income on a mortgage application instead of verifying the actual amount by furnishing tax returns, W2's, Pay Stubs, 1099 or Bank Statements. Mostly the Stated income mortgage loan are used by self employed borrowers or for getting a business purpose loan. Home equity Stated income loans & 2nd/Second Mortgages are also available for business purposes. As a result in some cases lender would ask for bank statements to support the stated income.
Here are some Stated income loans.
A SIVA loan (Stated Income Verified Assets), or stated income/verified asset loan, allows you to state your monthly gross income on the loan application and requires you to verify your assets by furnishing bank statements or a similar asset document as compared to full doc which required proving income via tax returns.
A SISA loan (Stated Income Stated Assets), or state income/stated asset loan, allows you to state both your monthly gross income and your assets on your mortgage application. So in this case, both items are simply stated, and the bank or lender will not ask you to verify the information. Stated Income loan lenders are mostly used by self employed borrower or for business purpose loans.
A NINA Loan (No Income No Assets), allows borrower to state no income and state no assets on the loan application. A NINA loan comes with higher interest rate than traditional mortgages. Normally this type of loans are used on business purpose loans.
No Doc Mortgage Loans. We offer No doc home loans and no doc mortgage loan programs against owner occupied and non owner occupied properties for business purpose. Normally a No doc mortgage loan is one which requires No Income Verification and where borrower is not required to provide income documentation to verify their income.
No Income Verification mortgage loan program is when the lender doesn’t require you to prove your income to meets certain requirements. Normally No income verification works best for self employed borrowers, 1099 consultants, contractors, commission-based salary and in many other cases. We offer No Income Verification Loans for purchase, refinance, home equity & second mortgage for business purpose.
Residential & Commercial Mortgage Brokers in St. Louis
We are Commercial Mortgage Brokers representing a wide range of Commercial Lenders & Investor offering Conventional Loans, Private Hard Money Loans, Commercial Loans, SBA Loans, Equity Based Private hard money loans and lot more for 1-4 Unit Residential Investment Rental Properties, 5+ Multifamily, Commercial Mixed Use, Office Retail and other Commercial Property types.
As a professional Commercial Mortgage Brokers in California, Our goal is to get your loan closed as fast as possible with most competitive lending options and to provide the best customer service. Being Commercial loan broker we can represent all Commercial clients in St. Louis and other states for their financing needs. We offer No doc private hard money loans lenders in St. Louis, Kansas City, Springfield, Independence, East Independence, Columbia, Lee's Summit, O'Fallon, St. Joseph, St. Charles, MO.
Each borrower, property & loan scenario are unique. We work one-on-one with each individual client, evaluate their specific needs and find a lender that suits them personally. Therefore we first underwrite the file before it is presented before the Lender or private investor so it meets their guidelines for getting your loan funded fast and with least effort.
Our focus is funding loans for owner-occupied & non-owner occupied property for residential or commercial property owners. Our approach is Asset-based rather than credit based and therefore we provide fast, creative financing solutions for borrowers with less than perfect financial or credit statements.
Whether you are a individual, self-employed individual, real estate investor, small business owner, our Mortgage Broker team has the experience to help you. We routinely assist borrowers who are individuals, corporations, limited liability companies, trusts, estates, probates, foreign nationals, as well as other types of borrowers who don’t meet today’s strict conventional underwriting guidelines. We are commercial mortgage brokers servicing Columbus and and other states, call us today for free consultation.
Commercial Bridge Loans & Lenders in Columbia
A bridge loan is a short term loan taken out by a borrower against their residential or commercial property until they secures permanent financing or removes an existing obligation. It allows the borrower to meet current obligations by providing immediate cash flow.
We provide private hard money bridge loans against residential or commercial property. Bridge loans are short term, from 6 month to 3 year, bridge loans are relatively high interest rates, and payment are interest only.
Asset based or Equity based bridge loans are approved based on equity in the property. Most bridge loans a stated income, No Doc, No income verification is required. Contact us for more information on commercial bridge loans lenders.
Find Private Hard Money Loans Lenders in St. Louis, Kansas City, Springfield, Independence, East Independence, Columbia, Lee's Summit, O'Fallon, St. Joseph, St. Charles, MO
We are commercial mortgage brokers and provide private hard money loans lenders in St. Louis and in the states of Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Also we provide commercial private hard money loans lenders in Columbia for the following commercial property type;
Apartment Building Loans, Auto Body Repair Shop Loans, Auto Dealership, Anchored Strip Center Loans, Assisted Living Facility Loans, Bowling Alley Loans, Car Wash Loans, Church Loans, Commercial Warehouse Loans, Construction, Convenience Store Loans, Condominium, Congregate Care Facility, Day Care Center Loans, Dental Office, Fitness Center Loans, Funeral Home Loans, Garden Apartment Loans, Gas Station Loans, Golf Course Loans, Health Club, Healthcare Financing, Hotel Loans, Industrial Property Loans, Marina Financing, Medical Office Loans, Mini Storage Loans, Mixed-Use Loans, Motel Loans, Mobile Home Park Loans, Manufactured Homes, Multi-Family Homes, Nursing Home Loans, Office Building Loans, Restaurant, Retail, Rental Property Loans, SBA Loans, School, Self Storage Loans, Senior Housing Loans, Veterinary - Animal Clinic Animal Hospital, Warehouse Loans.
vfindloans.com 1307 West 6th Street # 219, Corona CA 92882 * Tel: 951-254-3712 * Fax: 951-710-6411
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