Hard Money Loans for Investing in Real Estate in Jupiter, Florida
Private hard money lenders for rapid financing through asset based lending in the growing real estate market of Jupiter, Florida.
14th Street Advantage for Investing in Jupiter, Florida
- Asset backed lending for non owner occupied properties
- Tailored loan offerings according to borrower requirements
- No hidden fees or undisclosed terms
- Fast loan approvals and quick closings
- Minimal documentation requirements
- Flexible underwriting process
- Attractive terms for repeat investors
- Local lending expertise
Choosing a Hard Money Lender Over Traditional Lender in Jupiter
Faster Loan Processing
Traditional mortgage lenders take a minimum of 45 days for the loan approval and processing to take place. Hard money lenders in Florida like 14th Street Capital can have you prequalify for a loan in under 24 hours and get you the capital you need to invest in Jupiter in just a span of 7 to 14 days.
Flexible Lending Guidelines
Conventional lenders have a strict underwriting process that they need to follow before approving the loan. This makes getting a loan time consuming as well as a risky proposition. Flexible lending guidelines followed by hard money lenders makes getting funding a much seamless process.
Funding For Distressed Properties
If you are looking for a loan to purchase a debilitated property, give it an overhaul and sell it for profit in a short period of time, conventional lenders won’t be able to foot the bill. For a property that is in need of repairs before it can go on the market or rented out to tenants, hard money loans need to be your go-to source.
Income/Credit Score Independent Loans
If you are self employed or have a low credit score, you will likely face issues when seeking a loan from conventional lenders. Hard money loans on the other hand use the property you are securing a loan for as a collateral when approving the loan, making you eligible for funding in spite of a less than perfect credit history or income to debt ratio.
Jupiter, Florida Hard Money Lenders' Insight
Real Estate Market Outlook for Jupiter, Florida
The median listing price for homes in Jupiter, Palm Beach County, Florida is $569K, which is a 11.6% increase over the previous year.
The real estate market is also competitive with every listing getting 4 offers on an average and houses staying available on the market for an average of 38 days, down from nearly 70 days in the previous year.
In such a competitive market, quick and uncomplicated hard money loans from 14th Street Capital can give you the added advantage you need to succeed.
Loan Highlights
- Closing time less than 2 weeks
- Zero prepayment penalty after the first year
- Interest only loans available
- Loan-to-value ratio of up to 70%
- Hard money loan interest rates starting from as low as 8%
- Short term and long term hard money loan offerings for a variety of investment needs
Choose From Our Range of Hard Money Loan Offerings in Jupiter
- Purchase to rehab funding
- Short term loans (1-3 years)
- Loans up to 70% of the after repair value
- Loan approvals in 24 hours and funding in under a week
- FICO minimum score not required
- Purchase and refinance funding for rental properties
- Long term loans (15-30 years)
- Funding for 1-4 single family units and multifamily residences available.
- Tax returns and income verification – not required.
- Buy-to-rent loans for maximizing profits
- Buy-fix-rent funding with loan in-hand time under 7 days.
- Competitive interest rates starting from 9 percent and just 2 origination points.
- 30 year fixed and flexible amortization options.