Real estate investors are always on the lookout for simpler and more efficient ways to finance their investments. One such option is taking out a hard money loan, a term that, while potentially intimidating, refers to a broad range of loan options offered by private, non-bank lenders.
Understanding Hard Money Loans
Hard money loans come in various forms. On one end, traditional hard money lenders operate within specific markets, make strictly asset-based lending decisions, and typically charge high interest rates and fees. On the other end, a growing number of private lenders provide broader geographic coverage, have advanced origination systems, and offer more competitive loan terms.
These loans are popular alternatives to traditional bank financing for real estate investors. They offer greater leverage and faster closing times, making them ideal for those looking to seize investment opportunities quickly.
How LYNK Capital Streamlines Hard Money Lending
Like many modern private real estate lenders, LYNK Capital focuses on delivering flexibility, competitive interest rates, and a seamless loan origination process to real estate investors. Here’s how LYNK Capital makes hard money lending easy:
1. Fast Closings
LYNK Capital ensures you can close your deal quickly, with closings possible in as fast as 7-10 days. Our team works diligently to help you meet your closing date.
2. Competitive Interest Rates
They offer competitive interest rates tailored to different types of loans:
- Fix and flip loans start at 9.50%
- Construction loans start at 10.50%
- Rental property loans start at 7.50%
- The more experience you have, the better your interest rate will be.
3. Transparent Underwriting Process
LYNK Capital prides itself on maintaining a fair and transparent underwriting process, ensuring you understand each step and requirement.
4. Dedicated Support
Our experienced team of loan specialists is committed to helping you close your loan quickly and easily. We provide support for various projects, whether it’s a purchase or refinance, a fix and flip, new construction, or a rental property investment.
Conclusion
Hard money loans can be an excellent tool for real estate investors seeking quick, flexible, and competitive financing options. With LYNK Capital, investors benefit from fast closings, competitive rates, transparent processes, and dedicated support, making the journey to securing a loan smoother and more efficient. Whether you’re embarking on a fix and flip project, new construction, or a rental investment, LYNK Capital is equipped to assist you every step of the way.