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WE
ARE STILL CLOSING LOANS!
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LOAN INFORMATION PRODUCTS
Call Information Line 505-821-9166 on Questions About Any Product or Program _________________________________________________ Loans Nationwide & Offshore Getting funded for your financial needs can be a frustrating and time-consuming effort. After many years in the lending business, we know that finding the right funding source quickly can make the money search a pleasant and rewarding trip. Money may not be the most important thing in our lives, but most of us have found there is no suitable substitute. When you need it you need it! Generally if Money World Network cannot fund the loan it cannot be funded! Don't waste time looking for those hard to do loans! We have the hard money plus a pool of conventional and private investors that have the money to meet your money needs USA & OFFSHORE!. We specialize in hard money loans. This is a commercial loan normally secured by real estate. Credit and financials are not usually considered-only the value of the security. If you feel your commercial loan project will support a higher interest rate then a quick hard money loan may be your solution. Don't waste time looking for these type loans; 100% hard money ltv, 75% hard money ltv, foreclosure bailout loans 75% ltv and higher these loans do not exist. Yes we offer hard money land loans and loans with fico 550 and 500 loans. Normally borrowers can get stated income and stated asset commercial loans for quick closing without all the bother of tons of paper work. Money World Network will process your funding request for Home loans, Commercial loans or Hard Money Loans. Funding may be by our own private investors, affiliate investors or by an investor from our data bank in the USA or Offshore. You do not have to pay advance loan fees. There may be processing fees in connection with your commercial loan-such as title search, credit, site inspections, etc.-depending upon the costs in making the loan. That will be determined upon review of your application. The type of loan will have different lending perimeters. Following descriptions and perimeters should help you identify the type loan you need; Commercial Hard Money Loans These
loans by
private investors are for borrowers who have no other
option. The borrower may have a commercial project
that needs an infusion of funding that is not available from
conventional sources because of credit, type of loan,
geographic or other situation. Hard money investors
generally consider only the value of the real estate and
offer a low loan to value (LTV) of 65% of appraisal value.
Don't waste time looking for these type loans; 100% hard
money ltv, 75% hard money ltv, foreclosure bailout
loans 75% ltv and higher these loans do not exist. These
loans are short term 12-36 months, with interest only
payment and loan amount will be in the range of $250,000 and
up. Hard money land loans included. Normal loan costs will be 11% to 15% with loan
points ranging from 2 to 6. You will need to show a
reasonable exit strategy from hard money loans. We do
these loans. Super
Jumbo Residential Home Loans
Large Commercial Loans Large commercial loans normally run from $1,000,000 (one million) up to $100,000,000 (hundred million). Several lending factors come into play with these type loans. These factors include the financial strength of the borrower and the strength of the collateral (real estate). Generally rates and terms will be competitive. Often these projects will not find favor with conventional banks and will be ultimately financed by private investors. Seldom will you be able to 100% commercial loan financing. Loan to value (LTV) can run as high as 95% of appraisal value. We do these loans. Small Commercial Loans Small commercial loans could well be the backbone of the commercial lending profession since it is small business that drives the free enterprise system. Normally small commercial loans will be $1,000,000 (one million) or less with collateral ranging all the way from gas stations to funeral homes. Rates and terms permit borrowers with perfect credit and borrowers with less than perfect credit to get financed. Do not expect to find 95% ltv commercial loans. Loan to value (LTV) can run as high as 90% with most loans being funded at around 75% to 80%. We do these loans. Minimum Loan $300,000. Land-Acreage Loans When real estate is financed it all begins with land. So land and acreage play an important role in the real estate industry for developers and all type of builders and the construction industry. Land without an infrastructure will normally finance at a low loan to value (LTV) of 50% of appraisal value. Do not expect to find hard money land loans over 60% ltv. The hard money, bridge financing, short term investors come into to play in land financing. Rates will normally be similar to hard money funding. We do these loans. Minimum Loan $350,000.
P.O.B. 68055,
Albuquerque, New Mexico, 87193
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