How long does it take for a hard money lender to approve your loan application? After filling in a form, a PropertiesMiami loan agent will get in touch with you within 2-10 minutes. We request our clients to be honest and as transparent as they can when filling in the application form to avoid any inconveniences. We require total transparency if you are in a rush, and we will require you to disclose why you need the funds. Typically, we expedite quick loans, but that all depends on the amount you need and the information you provide.

I have bad credit, how can I get a mortgage loan? Our lending department believes in nothing but real estate opportunities. We believe that if you have a good deal that is too good to be ignored, you deserve a chance to invest, and we can always work a way out even if you have a bad credit score. So, if you have a great real estate investment opportunity and your credit score is the issue, there won’t be any challenges, and PropertiesMiami will be glad to sort you out.

What is the advantage of using Hard Money Loans instead of Conventional Bank Loans? Obtaining a bank loan is often a complicated and tedious process. Banks often require a lot of information before they approve your loan application. On the other hand, PropertyMiami takes all the risk and connects the right buyers or investors with the right lenders. If you give us a chance to work together, you will not be disappointed with our policies as well as our low-interest rates.

What types of private loans do we offer? We offer our clients various types of loans. Among them are Bridge Loans. Bridge Loans cover an interval of two transactions; they are used when buying a house while selling another house. We also offer Asset-Backed Loans, which are personal loans secured by private assets. We also offer Transactional Funding, which is a short-term hard money loan that allows one to purchase properties without using their funds. This type of loan only works if the buyer requesting the loan already has a different buyer for the property that he or she intends to purchase with the funds we offer them. PropertiesMiami also offers its clients Fix and Flip Loans to purchase and refurbish new properties before flipping them for profits. Hard Money Loans are private loans that use the value of your property as collateral. This type of loan enables you to get quick loans at rates that are slightly higher compared to conventional loan rates.

What’s the range of loans that PropertiesMiami offer? Properties Miami has a minimum loan requirement. All the loans we offer range from 50k to 5M. The amount that we’ll fund you with will vary depending on your application. To be sure about how much you can get from us, get in touch with our team anytime, and we will be glad to assist.