Finding the best hard money lenders in Trinity 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 Trinity 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. Trinity private money lenders can give you the financing you need to secure your deal.
Top 5 Best Hard Money Lenders in Trinity 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 Trinity
What Do Trinity Hard Money Lenders Charge?
Hard money loan rates in Trinity range from 8-12% for most fix and flip and shorter term loans. Many hard money lenders in Trinity also charge points or origination fees on a loan that range from 1-2.
Do Hard Money Lenders In Trinity Require Appraisals?
With most hard money lenders in Trinity, the loan to value (LTV) is determined through an appraisal or a broker opinion of value.
What Are Hard Money Loans In Trinity?
Hard money loans in Trinity 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 Trinity Florida
Trinity is a small city located in the heart of Texas, known for its rich history, vibrant culture, and beautiful natural scenery. Whether you’re a history buff, foodie, or outdoor enthusiast, Trinity has something to offer for everyone.
One of the best things to do in Trinity is to explore its historic downtown area. The city is home to several well-preserved buildings and landmarks, including the Trinity County Courthouse, which dates back to 1914. Visitors can also take a stroll down Main Street and check out the local shops, restaurants, and art galleries.
For nature lovers, Trinity offers plenty of opportunities to explore the great outdoors. The city is surrounded by lush forests, rolling hills, and sparkling lakes, making it an ideal destination for hiking, fishing, and camping. Some of the most popular outdoor attractions in Trinity include the Davy Crockett National Forest, Lake Livingston State Park, and the Trinity River.
When it comes to food, Trinity has a diverse culinary scene that reflects its multicultural heritage. Visitors can sample everything from classic Texas barbecue to authentic Mexican cuisine to fresh seafood caught in the nearby Gulf of Mexico. Some of the top-rated restaurants in Trinity include the Trinity Cafe, the Pint and Barrel Drafthouse, and the El Rancho Mexican Restaurant.
Overall, Trinity is a charming and welcoming city that offers a unique blend of history, culture, and natural beauty. Whether you’re looking for a relaxing getaway or an action-packed adventure, Trinity is definitely worth a visit.