Our Loan Program has been designed for those investors looking for a 30 year product to hold their investment properties long term. This loan program can be used to hold rental properties in an entity for better asset protection purposes, used to close quickly on a rental property that doesn't need any work, when you can't qualify for conventional loans for whatever reason, or don't want to go through the full document qualification process of a obtaining a bank loan.Many of our investors use our fix and flip loan product and then roll the loan into this program as a long term hold. Closing times average 2 weeks, credit scores from 650 and up and loan amounts from 75k to 500K. Our 30 year amortized loan is a great financing option for non-owner occupied properties.
Fix & Flip Private Money loans are ideal for financing properties in poor condition or when you need to close quickly. Hard money loans, also referred to as rehab loans or private money loans, have lower qualifications and require significantly less paperwork for approval compared to banks. Most of our Freedom Money customers receive funding within 2 weeks. Freedom Private Money and its underwriting guidelines care more about the property and its potential after repair value (ARV) than about the borrower’s background as the loan is guaranteed by the property. However a higher credit score will earn you a lower interest rate.Freedom Private Money is a hard money lender that helps experienced flippers and landlords finance investment projects.
Freedom Private Money loans are available for all multifamily properties in Texas and Colorado. Whether you need a $250K or $5MM, we’ve got you covered! Our guidelines are based on the equity in the property, borrowers ability to make payments and the exit plan to repay the loan. Our loan officers will help deliver the most competitive loan product possible to quickly secure the funds you need. At Freedom Private Money, we make funding your multi-family real estate investments simple, straightforward and fast. Our dedicated, experienced and responsive team has been helping San Antonio, Houston, Austin, Dallas, Corpus Christi, Denver and Colorado Springs real estate investors get the multifamily financing they need without the hassles and delays. Our application decisions and underwriting are done in-house, so once you’re approved, we can fund in days not weeks.