A hard money loan is an asset-based loan that allows borrowers to receive funds secured by real estate. If you own one or more investment properties that are free and clear, or with low leverage, Direct Investors can provide the cash you need by incorporating your properties into a single loan. Our cash our refinance program is ideal for investors who want to improve properties in need of repair to make a bankable property with a conventional loan.
If you want to pull cash out of an investment property for improvements or other business or personal reasons, count on Direct Investors. We offer competitive rates, customized loan programs and the ability to approve and close your loan within the week.
This loan option allows to you increase cash flow to buy more properties and expand your portfolio, or use the money to renovate existing properties in your portfolio. Many investors use our loans to pay off an existing mortgage that has a balloon payment due or has become delinquent.
Over the last few years, traditional lender have become very strict in their lending standards, and short-term loans based on equity have become hard to come by through traditional sources.
Hard money equity loans are available to borrowers who want to avoid the red tape of a second mortgage, or to access their hard-earned equity, regardless of credit problems or other issues that will prevent a bank from approving the loan.
With approval and funding in under a week and some of the most competitive rates for hard money equity loans, Direct Investors has become a leading and trusted lender to real estate investors. You deserve to access the equity in your properties; apply today to get the best rates available with a program tailored to your business needs.