Hard Money Loan Solutions in Palm Beach Gardens, FL
Less than an hour south of Miami and as a suburb of Fort Lauderdale, Palm Beach Gardens is a booming neighborhood with plenty for residents to see and do. It’s also routinely voted as one of the best places to live in Florida, which means it boasts significant opportunity for commercial investors, developers and business owners. If you want to take advantage of the time-sensitive opportunities that Palm Beach Gardens offers, you need reliable and accessible financing from a reputable lender.
HML Solutions originates bridge and hard money loans for commercial projects of every scope and size. Our Palm Beach Gardens lending team is committed to working directly with potential borrowers to identify their needs, understand their goals and get to know their unique circumstances. We then tailor financing solutions designed to help them more easily accomplish their objectives. If you have time-sensitive projects either in the works or in your plans, look into a Palm Beach Gardens bridge or hard money loan.
Bridge and Hard Money Loans for All Your Commercial Investment Needs
Traditional lending practices are becoming more stringent than ever. With strict lending requirements, lower limits and nearly impossible to meet standards, it can take weeks, if not months, for traditional lenders to make a decision. In a hot market, you don’t have weeks or months to wait. You need access to funding as soon as an opportunity becomes available. Thanks to our bridge and hard money loans in Palm Beach Gardens, that’s possible.
Not only does our team of lending experts have the skill and resources to process applications and issue funds quickly but also, we’re prepared to originate loans for a variety of purposes. Some ways past borrowers have used their bridge and hard money loans are as follows:
- Real estate purchases
- Multifamily units
- Single-family units
- Construction loans
- Foreclosure properties
- Short sales
We are also happy to fund unique projects that don’t fit into a traditional mold. When you consult with one of our lenders, he or she will guide you toward the best financing solution for your needs.
The Benefit of a Palm Beach Gardens Bridge or Hard Money Loan
Commercial developers, investors and business owners find that bridge and hard money loans are easier to work with than traditional lending solutions. Moreover, these types of solutions provide continual and easy-to-access financing, which is often necessary in the tumultuous commercial market. If you value ease, reliability and accessibility when it comes to financing for your commercial projects in Palm Beach Gardens, work with our team at HML Solutions. The most commonly cited benefits of our hard money loans are as follows:
- Loan amounts of between $50K and $50M+
- Flexible terms of 1-5 years
- Fixed rates of between 6.99% and 12%
- An LTV of up to 75% of the property’s purchase price or as-is value, whichever is lower
- No prepayment penalties or additional fees
- Quick closing of between one and two weeks
- Interest-only amortization
Moreover, the application process for a bridge or hard money loan is significantly easier than that of a standard loan. Instead of having to undergo a rigorous credit check and income/asset inquiry, we base our decisions largely on the value of the property involved in the project. We also process all inquiries in-house and make decisions ourselves instead of allowing a third-party to do it for us.
Contact HML Solutions Today
Don’t let lucrative opportunities in Palm Beach Gardens, Florida, pass you up. Work With HML Solutions to get the financing you need for your next project. Ask about our bridge and hard money loans today.
Note: All submitted information is kept in strict confidence and used solely for the purpose of obtaining a hard money loan and/or bridge loan. We do not share your information with any third parties without your consent.