South Carolina Hard Money Lenders With Fast Approvals
Alternate financing that is quick and flexible to fulfill your financial needs in South Carolina’s real estate marketplaces. You could be able to close in less than a week.
Hard Money Loan Advantage For Real Estate Investors In South Carolina
Hard Money Loan Highlights
Why Choose 14th Street Capital For Hard Money Loans In South Carolina
The Local Advantage
We are more than just hard money lenders at 14th Street Capital since we have vast experience investing in the South Carolina real estate market.
You may be confident that every lender in 14th Street Capital’s network of hard money lenders in South Carolina has been thoroughly vetted. Because 14th Street Capital has built such a large network of lenders providing hard money loans for the South Carolina real estate market, we are in a position to get you the right lender who is armed with the expertise for the area of the state you’re looking to invest in and the specific property type that you’re interested in purchasing.
Another reason 14th Street Capital is the ideal place to locate hard money lenders in South Carolina is that we only add new lenders to our network after thoroughly evaluating their history, financial status, lending procedures, leadership team, and a variety of other factors. Only businesses who satisfied our requirements were approved into the 14th Street Capital network of South Carolina hard money lenders.
South Carolina is a promising property investment market, and if you’re looking for hard money loans in South Carolina, the 14th Street Capital may be the quickest and most efficient way to do so, as it connects you with our extensive network of hard money lenders in the state.
Hard Money Lending Areas We Cover In South Carolina
Wide Range of Hard Money Loan Offerings for South Carolina Real Estate Investors
For investors looking to buy a fixer-upper in South Carolina to renovate and resell. There are also hard money refinance loans available.
Long-term rental loans are available for reasonably stable rental properties. Ideal for investors looking to buy a rental property. Designed for long-term property investors who buy and hold rental properties.
Landlord loans are for property owners who want to supplement their income by renting out their properties.
FAQs For Choosing A Hard Money Lender In South Carolina
1. Who is eligible to apply for a 14th Street Capital hard money loan?
14th Street Capital can assist you whether you are a novice or seasoned real estate investor looking for quick financing for your investments in South Carolina's real estate markets.
3. How does one apply for a 14th Street Capital hard money loan?
Our loan application process is straightforward. Once you complete the application form, our in-house underwriters will evaluate the property appraisal, and our staff will contact you to discuss the loan offer. Because each real estate investment is unique, we use a tailored approach for each borrower.
5. Why Should You Use South Carolina Hard Money Lenders?
Hard money loans for South Carolina projects may be an ideal source of funding for investors looking for short-term funds to invest in South Carolina real estate, such as fixing and flipping houses. This is due to the fact that, unlike their traditional mortgage-industry competitors, these lenders can make financing decisions and obtain necessary funds. As a result, we believe that South Carolina hard money lenders are the most cost-effective option for obtaining fix and flip, purchase to rent, refinance, bridge, fix to rent, and commercial investment real estate financing.
7. Where does 14th Street Capital lend in South Carolina?
14th Street Capital provides financing in all major real estate markets in South Carolina.
9. Which documents should I include with my application?
The amount of documentation needed to obtain a hard money loan from 14th Street Capital is minimal. Because the loan offer is based on the property valuation, the papers referring to the property appraisal, as well as your plan for capitalizing on your investment, are all that is required.
2. Who is eligible for a hard money loan from 14th Street Capital?
14th Street Capital provides hard money loans to novice and experienced real estate investors in need of quick funding while investing in South Carolina's real estate markets, regardless of their credit history.
4. What are South Carolina real estate hard money loans?
Property hard money loans in South Carolina are asset-backed, short-term real estate financing loans. Let's take a closer look at what each of these terms means. When we say short-term hard money loans in South Carolina, we mean that, unlike traditional loans, which are typically designed for repayment over 15 or 30 years, hard money lenders for South Carolina property investment are much more flexible and will typically offer funds for a few months to a few years. When we say asset-backed, we're talking about loans that are backed by real estate. Because hard money lenders in South Carolina use the assets as collateral to protect their loan as part of their credit decision, they will frequently only lend up to a certain percentage of the property's value - usually no more than 75%.
6. What is the maximum LTV that can be used to qualify?
14th Street Capital offers a loan to value ratio of 60-70 percent of the property value.
8. How quickly can I close with a hard money loan?
A self-funded hard money lender in South Carolina has a very quick loan closing process. Loan approvals are typically granted within a few days, with funds transferred a week later. A 14th Street Capital hard money loan typically takes 7-10 days to close.
10. What is the interest rate on 14th Street Capital's hard money loans?
The interest rates for hard money loans are custom-made for each borrower. Our rates, on the other hand, are among the most competitive among South Carolina hard money lenders.