When real estate investors face foreclosure, they can save their property and their equity by working with a hard money lender like Prime Plus Mortgages. When you’ve put blood, sweat, and tears into an investment property or home, the last thing you want is the bank selling it out from under you, so someone can scoop your equity. If you are in danger of foreclosure, contact Prime Plus Mortgages.
As a bridge loan lender, we can provide the financing you need to pay off the foreclosing lender, provided there is sufficient equity in the property. Our hard money loans are based on the asset, not your credit. This means that while retail banks turn you away, hard money lenders like Prime Plus Mortgages get you the funding you need. Once you get the property out of foreclosure, you can either sell it or refinance into a long-term mortgage once things get back on track.
Whether you are a real estate investor or homeowner who needs fast approval for an asset-based loan, Prime Plus Mortgages has your back. We’ll get you hard money loan you need today.