When it comes to real estate investing, having access to fast and reliable funding is crucial for success. Hard money lenders are an increasingly popular option for investors, as they offer quick approval and funding with less stringent requirements than traditional lenders. However, not all hard money lenders are created equal, and some are known for their ability to close deals faster than others. In this blog, we’ll explore some of the fastest closing real estate hard money lenders in the market.
1. LendingHome
LendingHome is a well-known hard money lender that has been in business since 2013. They offer fast and reliable funding for real estate investors, with a streamlined application process and quick approval times. LendingHome also offers competitive rates and flexible loan terms to meet the needs of various investors. They claim to be able to close loans in as little as 5-15 days, making them one of the fastest closing hard money lenders on the market.
2. Lima One Capital
Lima One Capital is another popular hard money lender that specializes in fix-and-flip loans. They offer a variety of loan products, including short-term bridge loans, rental loans, and new construction loans. Lima One Capital is known for their fast approval times and quick funding, with some loans closing in as little as 7 days. They also offer competitive rates and flexible loan terms to meet the needs of their clients.
2. RCN Capital
RCN Capital is a hard money lender that has been in business since 2010. They offer a variety of loan products, including fix-and-flip loans, bridge loans, and cash-out refinancing. RCN Capital is known for their fast closing times, with some loans closing in as little as 10 days. They also offer competitive rates and flexible loan terms to meet the needs of their clients.
3. Anchor Loans
Anchor Loans is a hard money lender that specializes in fix-and-flip loans. They offer a variety of loan products, including bridge loans, rental loans, and new construction loans. Anchor Loans is known for their fast approval times and quick funding, with some loans closing in as little as 3-10 days. They also offer competitive rates and flexible loan terms to meet the needs of their clients.
4. Zeus CrowdFunding
Zeus CrowdFunding is a hard money lender that offers a variety of loan products, including fix-and-flip loans, bridge loans, and new construction loans. They are known for their fast approval times and quick funding, with some loans closing in as little as 3-7 days. Zeus CrowdFunding also offers competitive rates and flexible loan terms to meet the needs of their clients.
In conclusion, when it comes to real estate investing, having access to fast and reliable funding is crucial for success. Hard money lenders offer quick approval and funding with less stringent requirements than traditional lenders, making them a popular choice for investors. While there are many hard money lenders in the market, the above-mentioned lenders are known for their ability to close deals faster than others, making them a good choice for investors who need quick access to funding. As always, it’s important to do your research and choose a lender that meets your specific needs and goals as an investor.
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