Exploring Options For Rehab Loans

Rehab loans are a popular type of loan for many reasons. If you are unable to qualify for a mortgage loan, or if you are interested in beginning or expanding your real estate investment strategy, you've come to the right place. Unlike some other, less reputable lending companies, we specialize in hard money rehab loans, which means that we finance those hard to finance distressed properties in a matter of days. We also require a cash investment into the property or properties on the part of the investor, and only work with investors who are serious about making a profit from the purchase of real estate properties.

Depending on your financial situation and borrowing needs, there are many different options and loan programs to explore when it comes to rehab home loans. We have helped many investors obtain the financing that they are searching for, and will work with you to come up with a loan solution that is personally tailored to your individual situation.

A 203k rehab loan is designed for borrowers who cannot qualify for a traditional mortgage loan based on the current distressed condition of the property. Under HUD and FHA, this program is designed to help lenders loans for the purpose of purchasing and renovating single family properties. Under this plan, many homes, and entire neighborhoods, have been repurchased, repaired, and revitalized, increasing not only the aesthetic value of these neighborhoods, but the property values of these homes as well. ZINC's loan products are similar to a 203k loan, except ZINC is a private lender with the ability to close loans in a matter of days rather than months; such is the case with some 203k loans.

Many investors are not interested in keeping the real estate investment homes that they purchase for more than six months. For these borrowers, investor rehab loans, which allow you to obtain a short term loan in order to purchase an investment property and make the necessary renovations and repairs and then resell them, are the best option.

If you're ready to learn more about fast rehab loans and other rehab hard money loan options, why not contact us today at 866-949-2931 to get started today? Our qualified lending specialists are standing by, ready to assist you.