Real estate investors are always looking for easier ways to finance their real estate investments. One of the options for real estate investors looking to purchase their next fix and flip or investment property is to take out a hard money loan. The term “hard money” can sound scary, but it’s a general term that applies to a broad array of loan options offered by private, non-bank lenders.
On one end, there are the old-school hard money lenders that usually operate in single markets, make strictly asset-based lending decisions, and charge high interest rates and origination fees; on the other end, there is a growing group of increasingly sophisticated private lenders that
operate in wide geographic footprints, have robust originations systems in place, and offer much more competitive loan terms. Generally speaking, hard money loans are often used as an alternative to traditional bank financing because they offer real estate investors greater leverage and can close faster than a traditional bank.
How Does LYNK Capital Make Hard Money Lending Easy?
Like many modern private real estate lenders, LYNK Capital focuses on providing real estate investors with flexible loan terms, competitive interest rates, and an easy loan origination process. Some things you can count on are:
- Closings in as fast as 7-10 days. Our teams will work hard to make sure you meet your
- Competitive interest rates starting from 9.50% for fix and flip loans,
10.50% for construction loans, and 7.50% for rental property
loans. The more experience you have, the better your interest rate will be.
- A fair and transparent underwriting process.
- A dedicated, experienced team of loan specialists that will work to get your loan closed in
the quickest and easiest way possible.
Whether your loan is a purchase or a refinance, and whether your project is a fix and flip, a new construction project, or an investment property you’ll be renting, our team will be available to help you every step of the way.