Finding the best hard money lenders in Jasmine Estates 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 Jasmine Estates 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. Jasmine Estates private money lenders can give you the financing you need to secure your deal.
Top 5 Best Hard Money Lenders in Jasmine Estates 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 Jasmine Estates
What Do Jasmine Estates Hard Money Lenders Charge?
Hard money loan rates in Jasmine Estates range from 8-12% for most fix and flip and shorter term loans. Many hard money lenders in Jasmine Estates also charge points or origination fees on a loan that range from 1-2.
Do Hard Money Lenders In Jasmine Estates Require Appraisals?
With most hard money lenders in Jasmine Estates, the loan to value (LTV) is determined through an appraisal or a broker opinion of value.
What Are Hard Money Loans In Jasmine Estates?
Hard money loans in Jasmine Estates 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 Jasmine Estates Florida
Jasmine Estates is a small community located in Pasco County, Florida. It is a peaceful and quiet neighborhood that offers a variety of activities and attractions for visitors and residents alike.
One of the best things to do in Jasmine Estates is to visit the Werner-Boyce Salt Springs State Park. This park is a natural wonderland that features hiking trails, fishing spots, and beautiful views of the Gulf of Mexico. Visitors can also enjoy kayaking, canoeing, and paddleboarding in the park’s crystal-clear waters.
Another popular attraction in Jasmine Estates is the SunWest Park. This park is a great place to spend a day with family and friends. It features a sandy beach, a cable wakeboarding park, and a water park with slides and other fun water activities.
If you’re looking for some delicious food, Jasmine Estates has plenty of options to choose from. One of the most popular restaurants in the area is the Greek City Cafe. This restaurant serves authentic Greek cuisine, including gyros, souvlaki, and moussaka. Another great option is the Thai Samurai Restaurant, which offers a variety of Thai dishes, including curries, stir-fries, and noodle dishes.
For those who love shopping, Jasmine Estates has several malls and shopping centers. The Gulf View Square Mall is a popular destination for shoppers, with over 100 stores and restaurants to choose from. The Shops at Wiregrass is another great option, with a variety of high-end stores and restaurants.
Overall, Jasmine Estates is a great place to visit or live. With its beautiful natural attractions, delicious food, and great shopping options, there’s something for everyone to enjoy.