Hard Money and Private Money Real Estate Financing in Illinois

A hard money loan is a type of financing that is backed by the value of the property, not by the borrower's creditworthiness. This type of loan is often used by investors to purchase properties that are in need of repair or rehabilitation. Hard money loans are typically more expensive than traditional loans, but they can be a good option for borrowers who do not qualify for traditional financing.

Hard money loans are typically shorter-term loans, and they are often used as bridge loans to help borrowers finance the purchase of a new property before their current property is sold. Because hard money loans are secured by the value of the property, they can be a good option for borrowers who may have difficulty qualifying for a traditional loan.

We'd love to help you get your next real estate project funded, and we can close deals routinely within 2 weeks or less.

Feel free to give us a call or submit your deal above.

(833)-264-7776 or info@jakenfinancegroup.com

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