As a hard money lender in Rhode Island, I understand time value of money and opportunity cost. That is why we offer real estate investors a 24 hour streamlined approval process. Once the loan is approved, we issue a Term Sheet and can close in as little as 7 days. Post-closing, we can fund construction advances in 48hrs, which keeps your project running on schedule.
A hard money lender has to be flexible, no two real estate investments are identical. My borrowers know that and come to us for the flexibility of our hard money lending programs. Banks and other conventional financing sources are check the box lenders, they simply can’t compete with our common sense underwriting approach.
We offer competitive rate and terms for experienced real estate investors. We are a trusted hard money lender that offers 12 - 30 year terms, with interest rates as low as 4.99%. In fact, we offer 4.99% for 12 month construction loans and we offer rates as low as 3.75% for 30-year hard money rental loans.