Hard Money Lending
For loans outside the box, We are experts at that. Our NEW and IMPROVED Hard Money product is offering financing for all types of borrowers – Real Estate Investors, Foreign Nationals, Bankruptcy/NOD buyouts and Non-Warrantable Condos are just some of the specialized loans we can offer you. We are 100% direct lender with all processes happening In-house. Our Subprime Consumer Purpose product, perfect for Owner Occupied transactions ( please check with us which states are eligible for the owner occupied properties), and Our Subprime Business Purpose NO INCOME product.
Hard Money should not be complicated!
- SFR, Condo/Townhomes, 2-4 units, Multi-family, Mixed Use, Office & Retail
- N/O/O only (Residential properties)
- O/O (Business Purpose transactions only)
- Purchase and Refinance (no cash-out limits)
- Up to 70% LTV with 650 FICO
- Loans from $50,000 to $10,000,000
- FICO`s as low as sub 500
- Terms 2 year I/O or 30 due in 5
- NO DSCR calculations for all residential properties!
- NO Income requirements!
- NO Impounds required!
- YES we are serious!
Call us anytime and let Velocity Commercial Funding be your lender of choice for all your Non-QM financing needs.