Can someone explain what a direct hard money loan is?

Our funding source provides 100% joint venture equity financing and cover 100% of the total project costs including hard and soft costs, land acquisition and project development. They allow the developer to recover most, if not all, of the monies already invested in the project, including monies spent during pre-development.

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This is a great program for financing, building or refinancing a church.

> $500,000 to $5 million or more

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> Low Down Payment (Only 10%!)

> Long Repayment Terms

> Lower Monthly Payments

> Frees Cash Flow To Expand Business

> Many Rate Options (Including Long-Term Fixed)

> Limited Refinancing Of Existing Debt

> First and Second Mortgages

> Guarantee Fees Temporarily Waived

> Fees Set By CDC

> Prescreens At No Charge

We're Funding These SBA 504s Nationwide

Does Your Business Qualify?

*Rates subject to change, not all qualify

> 5, 7 & 10 Year Fixed Rates Starting Mid 5% Range

> Loans $750,000 to $5 Million

> Up to 80% LTV

> 25-30 Year Amortization

> Minimum FICO 680

> Capped ARM Starts At 4.25% - Lifetime Cap 7.25%

> Purchase, Refinance, and Cash-Outs Available

We're Funding These Multi-Family Loans Nationwide

Does Your Business Qualify?

*Rates subject to change, not all qualify