HardMoneyMan.com Offers The Best Value For Hard Money Rehab Loans

Dec. 23, 2010 - PRLog -- In today’s economic scenario, borrowers might find it very difficult to get funds from the financial institutions including commercial banks. Thus, the demand of hard money loans in on the rise as these are easily financed even to borrowers with bad credit and in no time. Among various types of hard money loans in NJ, the hard money rehab loans are becoming popular day by day. The rehab loans are issued on the basis of an “after repair” value (ARV) of a particular project.  HardMoneyMan.com (NLD Settlement Corp) is an eminent provider of various types of hard money loans nationwide and at their best value.

HardMoneyMan.com offers loans solely on the basis of the value of the property and credit standing or income of the borrower is not considered at all. The hard money rehab loans are offered for short term of 12 months and they do not charge any prepayment penalties.  Rehab loans are highly beneficial to the real estate investors as the value of loan funded by NLD Settlement Corp is based on ARV of the property. This helps the investors to pay for the expenses on account of repair of property, interests and other closing costs. They are offering hard money rehab loans in 6 states which are New York, Pennsylvania, Virginia, Maryland, Connecticut and Deleware.

They are a prominent hard money lenders in PA (Pennsylvania), offering loans within a few days and involve minimal paper work. 30 day quick value of the property is evaluated and loans are designed on the basis of a percentage of that value. LTV generally lies between 50-60% of value of the subject property.

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About HardMoneyMan.com
HardMoneyMan.com has been providing the best value of project to the investors for many years. The real estate investors will get the best value of their project here only. Applying for hard money rehab loans follow a simple process. For more details, please browse through http://www.hardmoneyman.com/.