Finding the best hard money lenders in Haines City FL is crucial to your real estate investing success. Whether you’re new to real estate investing or you’ve been doing it years, your Haines City hard money loans can end up costing you thousands of dollars if you don’t select your hard money lender carefully. Whether you’re looking for a fix and flip loan or a longer term rental loan for the BRRRR Method, a bad hard money loan can cost you thousands of dollars in profit if you don’t account for things like origination fees, monthly interest, prepayment penalties and more. On the flip side, a favorable hard money loan can provide the financing you need to make a deal possible and successful. Haines City private money lenders can give you the financing you need to secure your deal.
Top 5 Best Hard Money Lenders in Haines City FL
Birchwood Loans
Birchwood Hard money offers Hard money loans for Real Estate Investors in Tampa and surrounding areas. With Birchwood, you will find a fast and easy source of hard money lender funding for your real estate investments. They can finance up to 60% LTV for a period of up to 5 years and provide interest only payments. They can give you an approval within 24 hrs. The paperwork for the closing is typically 3-5 business days.
AHL Hard Money
AHL Hard Money offers the following niche programs: Hard money loans, private money loans, cash out refinance, bad credit loans, home equity loans. According to their website, they specialize in special needs. Whether that be for credit challenged borrowers, the self employed, or other unique circumstances.
Bridgewell Capital
Bridgewell Capital is a hard money lender based in Orlando. They offer rehab loans for flips and for rental properties. They also do multifamily loans and commercial loans.
Here are some of their fix and flip loan terms:
- Up to 100% of rehab costs
- Up to 75% ARV
- Closings in 10 days
- Damaged Credit Okay
- No interest on undrawn rehab funds
- No pre-payment penalty
Civic Financial Services
Our next hard money lender is CIVIC Financial Services. CIVIC is a best-in-class real estate lender that provides fast and simple financing to real estate investors. Whether the intention is to buy a single-family home to flip, to leverage an existing portfolio of rental homes to hold long term, or to acquire multifamily real estate for cash flow, they have a focused team and set of products that empower investors to build wealth through real estate.
A2Z Capital Lending
A2Z Capital Lending is a Florida based hard money lender. They have excellent reviews on Google and a professional website. They’ve been operating in Florida in many years so you can use them confidently.
Unlike traditional bank loans, the ability to obtain hard money financing isn’t determined by the borrower’s credit worthiness. Instead, A2Z Capital Lending uses the value of the property itself in determining whether to make the loan.
FAQ about the Best Hard Money Loans in Haines City
What Do Haines City Hard Money Lenders Charge?
Hard money loan rates in Haines City range from 8-12% for most fix and flip and shorter term loans. Many hard money lenders in Haines City also charge points or origination fees on a loan that range from 1-2.
Do Hard Money Lenders In Haines City Require Appraisals?
With most hard money lenders in Haines City, the loan to value (LTV) is determined through an appraisal or a broker opinion of value.
What Are Hard Money Loans In Haines City?
Hard money loans in Haines City are loans secured by real estate used to purchase or rehab that piece of property. These short term loans are used to purchase and/or rehab residential or commercial properties. They’re usually more expensive than traditional loans but can be closed faster and oftentimes with less credit requirements.
More About Haines City Florida
Haines City is a charming city located in Polk County, Florida. It is a great place to visit for those who are looking for a relaxing vacation. The city is known for its beautiful lakes, parks, and golf courses. Here is a detailed review of Haines City, including the best things to do, places to see, food to eat, and more.
Things to Do:
1. Visit Lake Eva Park: Lake Eva Park is a beautiful park located in the heart of Haines City. It is a great place to relax, have a picnic, or take a walk. The park features a playground, splash pad, basketball court, and a fishing pier.
2. Play Golf: Haines City is home to several golf courses, including the Southern Dunes Golf and Country Club. The golf courses in Haines City are known for their beautiful scenery and challenging courses.
3. Visit Bok Tower Gardens: Bok Tower Gardens is a beautiful botanical garden located in nearby Lake Wales. The gardens feature a 205-foot-tall singing tower, which is a must-see attraction.
4. Go Fishing: Haines City is home to several lakes, including Lake Eva and Lake Hatchineha. These lakes are great for fishing and offer a variety of fish species.
5. Visit Legoland Florida: Legoland Florida is a theme park located in nearby Winter Haven. The park features over 50 rides, shows, and attractions, including a water park.
Places to See:
1. Lake Eva: Lake Eva is a beautiful lake located in the heart of Haines City. It is a great place to relax and enjoy the scenery.
2. Southern Dunes Golf and Country Club: The Southern Dunes Golf and Country Club is a beautiful golf course located in Haines City. It is known for its challenging course and beautiful scenery.
3. Bok Tower Gardens: Bok Tower Gardens is a beautiful botanical garden located in nearby Lake Wales. It is a must-see attraction for those who love nature.
4. Legoland Florida: Legoland Florida is a theme park located in nearby Winter Haven. It is a great place to visit for families with children.
5. Lake Hatchineha: Lake Hatchineha is a beautiful lake located in Haines City. It is a great place to go fishing or take a boat ride.
Food to Eat:
1. Manny’s Original Chophouse: Manny’s Original Chophouse is a popular steakhouse located in Haines City. It is known for its delicious steaks and friendly service.
2. Cherry Pocket Steak and Seafood Shak: Cherry Pocket Steak and Seafood Shak is a popular restaurant located on the shores of Lake Pierce. It is known for its delicious seafood and beautiful views.
3. The Port Steak and Seafood: The Port Steak and Seafood is a popular restaurant located in nearby Lake Alfred. It is known for its delicious seafood and beautiful views of Lake Haines.
4. Harry’s Old Place: Harry’s Old Place is a popular restaurant located in Winter Haven. It is known for its delicious seafood and friendly service.
5. The Catfish Place: The Catfish Place is a popular restaurant located in nearby Lakeland. It is known for its delicious catfish and southern-style sides.
Overall, Haines City is a great place to visit for those who are looking for a relaxing vacation. The city offers a variety of activities, including golfing, fishing, and visiting theme parks. The restaurants in Haines City offer delicious food, including seafood and steaks. The city is also home to several beautiful lakes and parks, which are great for relaxing and enjoying the scenery.