Florida how to refinance mortgage and hard money

As far as investors refinancing hard money loans, this can be done as a rate/term refinance (just the 1st mortgage lien recorded at closing) anytime or cash out after 6 months. From the way that I read the guidelines for Fannie, investors that use their own cash for purchasing and rehab cant get those funds back for 12 months.

In Florida and parts of other states there is also a big influx of foreign investment, especially in the once again growing condo market on the coasts. In many cases, these are speculative buyers.

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The Associates Home Loan of Florida specializes in mortgages, refi, hard money, hard money owner occupied and more. Work with Florida’s leading provider! 813-316-2006 contact@associateshomeloan.com If you’ve got the equity, we got the loan!

The Florida mortgage refinance process of paying off an existing loan, with the proceeds from a new loan is known as a mortgage refinance. Florida mortgage applicants often seek to secure a lower interest rate or to lower a monthly mortgage payment. The most common type is of Florida mortgage refinance is a rate and term refinance.

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So I was wondering if anyone has bought a property using a hard money lender, then in 6 – 9 months, refinanced getting a regular mortgage through a baSo I was wondering if anyone has bought a property using a hard money lender, then in 6 – 9 months, refinanced getting a regular mortgage through a ba

Hard money and private lending is a critical cog in the wheel of investment real estate. Without hard money lending real estate values overall can falter as fewer homes are available for sale. Especially so here in Florida. Yet because private investors issue hard money loans it can be a challenge at times to find these types of financing.

AHL Hard Money Network-Marketing is a network that interfaces with Florida’s largest pool of investors, and we also serve clients as an educational resource about hard money. Our Investors offer a wide selection of florida hard money, private money, equity loans, bridge loans, and commercial loans for your refinance needs.

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