Problem: Your client has a home with good equity and wants to buy another home, but has no additional cash or has poor credit.
Solution: Louie Loans can give your borrower up to 100% financing, or more, on the purchase with a loan secured by both homes, depending on total equity.
Result: You can close the deal and secure your clients dream home in the current low inventory environment
Hard Money can be an invaluable tool for realtors. Don’t miss out on those special hard to find properties, you only have one shot. Make your offer stand out with a 10 day close and 5-day release of contingency. Just a 1% reduction in the sales price for a fast/easy closing will offset the cost of the hard money loan. More importantly, you secure the property. Have questions? Call Louie directly 619-252-7588.
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