ASSET BASED LENDING SOLUTIONS FOR THE GREATER ST. AUGUSTINE BEACH, FL AREA
From the city’s beautiful beaches to an expansive fishing pier to a variety of outdoor activities for all, it’s no wonder St. Augustine Beach draws tons of visitors yearly to its shores. A small city located on Anastasia Island in Florida, St. Augustine Beach has experienced a great deal of redevelopment in recent years, with new shopping and dining options popping up all over town. The city’s laid-back vibe and friendly community has made it a popular destination for retirees and young families alike.
It is clear that St. Augustine Beach is on the rise and there is no doubt that it is one of the most desirable places in Northeast Florida. If you are looking to invest or purchase real estate in St. Augustine Beach, HML Solutions has the loan solutions for you. With fast and easy hard money and bridge loans, we can help finance the project of your dreams.
What is Hard Money Financing?
Hard money loans are a type of lending offered by private lenders rather than traditional banks. Because HML Solutions processes hard money loans in-house, we are able to offer faster turnaround times with less paperwork than traditional loans.
This makes hard money financing an ideal option for people who need to get funding quickly. For hard money loans, rather than focus on your credit score, your property is used as collateral. This means that those with less than stellar credit needn’t worry about being disqualified based on credit score alone.
What is Bridge Financing?
Bridge financing is a type of short-term loan typically used to “bridge the gap” in financing—often when a buyer needs to purchase a new property quickly prior to their existing property selling. Bridge loans are meant to be temporary solutions until the lender can access more permanent financing.
Bridge loans are mostly hard money loans, but not always. Bridge loans are used primarily for property purchases or property renovation.
How to Use Hard Money and Bridge Financing in St. Augustine Beach, FL
There are many different ways individuals can use hard money or bridge financing to invest in St. Augustine Beach, FL. For example, they could use these loans to purchase a property or make repairs/updates to a property they already own. They could also use these loans to finance the development of a new property or business venture in the area.
If you are looking for hard money or bridge financing in St. Augustine Beach, look no further than HML Solutions. We offer a wide range of financing options for people in all stages of life and we are committed to helping our borrowers get funding.
Hard Money and Bridge Financing from HML Solutions
One of the main benefits of a hard money or bridge loan from HML Solutions is the closing time—we can get your loan approved in as little as one week! With terms of 1 to 5 years, our loans range from $100,000 to $50,000,000, with interest rates from 6.99% to 12%. There is no penalty if you are able to pay your loan back early and our loans are interest-only amortization.
Whatever your investment goals may be, HML Solutions can help you find the right financing option for you. We offer a wide range of lending products, and we are committed to helping our borrowers get the funding they need to achieve their dreams. If you’re looking for a way to invest in St. Augustine Beach, FL, please give us a call 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.