Got Ugly Homes? Hard Money Rehab Loans Help Fix Up the Dog Houses in the Neighborhood

It was easy to get rehab loans from the bank before the financial meltdown of 2008. However, these days it’s not that easy to obtain rehab loans from your bank. HELOC loans, which used to be readily available for rehabbing properties, have all but disappeared along with the home equity required to collateralize them.

Real estate investors are using hard money rehab loans to make the ugliest houses in the neighborhood more appealing to the eyes of interested buyers. One advantage of hard money rehab loans is the process of obtaining them is not as difficult as compared with bank loans, since most hard money lenders don’t base their loan decisions on credit or income of borrowers.

Hard money rehab loans are also being used by those who want to quickly sell their ugly or outdated homes. The average funding timeline for hard money rehab loans is less than 2 weeks while a bank could take between 45-60 days to approve such a loan. Take a glimpse of the before and after photo of the house click here. This is the product of a hard money rehab loan.

To apply for a hard money rehab loan, click here, and get approved today

One thought on “Got Ugly Homes? Hard Money Rehab Loans Help Fix Up the Dog Houses in the Neighborhood

  1. Corey,

    I would like to buy houses in the NYC metro area, for the purpose of rehabbing them and either rent them out or flipping. Do you serve the New York area? if so, what is your lending criteria in this area? Please advise.

Leave a Reply

Your email address will not be published. Required fields are marked *

About the author

Corey Curwick Dutton, MBA Park City, Utah - 2005 MBA Graduate with 10 years experience in Business Management including International Management. Corey is a Private Money Lender and Loan Officer. In her spare time Corey enjoys writing on topics in the private money lending industry. She also enjoys hobbies such as mountain biking and skiing in the great outdoors of Utah.