Real Estate Loans for Bad Credit Borrowers
For those seeking real estate loans for bad credit, consider using private money loans versus wasting your time at the bank. Particularly for loans on investment properties, forget about the bank unless you’ve got stellar credit, low debt service coverage ratio, and a perfect income record.
For many real estate investors who have experienced hits to credit or income, real estate loans for bad credit are their only option. Many private and hard money lenders will lend to you even if you have a foreclosure or bankruptcy in your past. Because private money lenders lend against the asset being used as collateral they are willing to provide real estate loans to bad credit borrowers.
If you are a real estate investor who is looking to obtain a real estate loan, look no further. We lend regardless of income, credit, bankruptcies or other factors that would cause a bank to deny you a loan. To get a pre-approval on an investment property today, click here: https://privatemoneyutah.com/loan-request-form/