Building Wealth with Residential Hard Money Loans You might already know that residential hard money loans are a great way to enter the real estate market in order to build real capital wealth. They are renovation loans that provide financing for distressed real estate for the explicit purpose of renovation. What you might not know, however, is that there are two very different ways to leverage these kinds of renovation loans. These two methods are commonly known as ‘Fix and Flip’, Read More
Noble Mortgage had the opportunity to close a $108,750 Rehab to Perm loan for a 1st time borrower. This client is planning to use this passive income towards his kid’s college education! Click here to learn more about this loan program!
Before we even mention the ‘Easy Money Myth’, let’s first define the hard money loan. A hard money loan is a specific kind of asset-based loan financing also know as an investment property loan. It is a ‘renovation loan’ that provides financing for a distressed real estate property. This includes financing for both the property and the proposed repairs, and often includes the closing costs. Hard money loans comes in two varieties: residential and commercial. Each type puts its own requirements on the eligibility of the Read More
Noble Mortgage had the opportunity to close a $288,750 hard money loan for 2 properties in Katy, TX. This is the 3rd Noble deal and 6th property in less than 60 days! We love our loyal borrowers!
Noble Mortgage had the opportunity to close a $530,000 refinance blanket loan of 5 houses in Houston. Noble arranged 1 loan for all 5 in a low rate, long-term loan for the investor who was exiting out of a hard money loan.