Hard Money Lending in Boston
What You Need to Know
Hard Money Lenders Boston MA
The Boston real estate market is hot and has been for quite some time. Even now with a slight decline in the market, buyers are still battling it out to secure their place in the Boston real estate market. With prices declining slightly, it is the perfect time to sink your teeth into the market. However, while you may see the potential in an investment, that deal may not meet the bank’s guidelines. Even if it does, securing the bank’s approval and the finances can take a long time. If you’re not able to act quickly, you will most likely be forced to watch as that great deal slips through your fingers.
Why You Need Our Hard Money Lenders in Boston
When you need a financing partner that can see the potential in the unconventional and is willing to dig through the trenches to get you the finances you need to get that great deal, you should talk to us at Breakwater Commercial Capital.
At Breakwater Commercial Capital, we offer bridge loans and hard money lending in Boston and all throughout New England. These are short-duration loans that can be used as financing as you wait for the property to be sold or until you are able to acquire a conventional loan. A bridge loan may be a great solution if you already own a home and are seeking to expand your real estate portfolio or purchase a new one before your current home is sold.
Our Boston hard money loans and bridge loan programs are a great option if you:
Have already identified an investment. Boston’s current real estate market is a seller’s market. Properties are selling quickly. A bridge loan can help you access cash quickly to secure the purchase of your new investment while you wait for for other cash to clear.
Can’t afford the down payment for the new property without having sold your current investment or home. A bridge loan provides you with the finances you need as you wait to sell your current home. We will ensure you don’t miss out on that great deal and don’t take any chances while waiting for your current home to sell.
Have identified a great deal but aren’t scheduled to close a sale on your current home. We won’t necessarily require you to show evidence of an offer on your current home to secure the finances you need.
How Hard Money Lenders in Boston Can Benefit You
1. We can arrange a loan quickly
Ensure that that hot deal doesn’t slip through your fingers by taking advantage of our Boston hard money and bridge loan program. Our loans are a great solution when you need quick access to cash. We’ll provide you with quick access to the finances you need to ensure you secure that deal. Your loan will often be available within 7-14 days of submitting your application.
2. Hard money lending gives you an easier way to access the financing you need
Getting your loan application approved by traditional lending institutions can be a complicated process. You would have to submit various documents and jump through many hoops to get that nod. You don’t have to go through all that with us. We will offer an easier hard money lending application and approval processes. Our loan process is straightforward. You can access the finances you need without having to jump through anywhere near as many hoops.
3. Avoid excessive fees
When it comes to our Boston hard money and bridge loan programs, what you see is what you get. We are committed to helping people achieve their goals. We offer loans at competitive rates and provide our clients with straightforward terms and conditions.
Bridge loans from Breakwater Commercial Capital will allow you to take advantage of the immediate opportunities available in the lucrative Boston real estate market. Get in touch with us to discuss your requirements for financing.
Bridge Loans Boston MA
Bridge Loans Boston MA
A bridge loan is a short-duration loan typically used as financing until a property is sold or a conventional loan is acquired.
Refinance & Cash Out Boston MA
Refinance & Cash Out Boston MA
With these loans a borrower can quickly extract equity from real assets to obtain working capital for other projects.
Fix & Flip Loans Boston MA
Fix & Flip Loans Boston MA
An investor or rehabber can use private financing when planning to hold the investment property for a short period of time, such as during construction or renovation.
Investment Loans Boston MA
Investment Loans Boston MA
When a borrower does not have time to wait for a conventional lender to approve a loan or when the borrower does not meet conventional lending standards.