If you’re a landlord looking to invest in rental property, you’ll likely need to apply for a loan to purchase and fix up the property to get it into rentable, livable shape. With conventional lenders making it more and more difficult to qualify for a loan for investment properties due to the risk, where are you supposed to turn for your financial investing needs?

This is where Hard Money Lenders NLDS Corp is here to help. With our 30-year private loan program for landlords, you can get the money you need to fully invest in the property you want and close in as little as 20 days. We accept credit scores from 630 up, and loan amounts from $45,000 and up with a 30 year fixed rate, making our program ideal for investors and landlords.

With this program, there are no seasoning requirements, meaning you aren’t required to have owned the property for a certain amount of time before approval, and we offer a fixed rate from 6.5% and up, so you don’t have to worry about your interest rate going up over the course of the loan. We offer loans to property values up to 75%, and property types from 1-4 residential units and condos are accepted.

Because this process is faster than a traditional loan process and we don’t have as many requirements, you can expect a higher interest rate, but don’t let that sway you from this option. When negotiating a plan with us, bring us your plans for the property and a backup plan if you have one (we recommend that you do). We take into account the value of the land and the property on it as well as your plans for renting it out or turning it around, so the more information you can give us, the better off you’ll be during the approval process.