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Ben Worth Capital: Reliable Source Of Funds For Real Estate InvestorsBy Expert Author: Albert Mitchell
The current state of the economy and the screwed financial markets; the use of private money lending sources has accelerated over last few years. The sudden occurrence of recession has added fuel to the fire, and has put many individuals and businesses into bad financial situations. The bad credit history is the main obstacle in obtaining financial sources from commercial banks, private mortgage companies and other traditional lending sources. When you have an important real estate project to complete, but are running short of funds, and hunting for a reliable source of funding, you can rely on Ben worth Capital. Ben worth Capital offers excellent services, and provides funding for residential mortgages, commercial mortgages and construction financing for private borrowers and brokers. We are Hard Money Private Lenders Miami, FL providing residential, commercial and construction loans.
As private lenders Miami, FL, according to our funding policies, loans are offered on the basis of the borrower’s ability to repay the loan amount. The approval of the loan is based on the valuation of the property rather the credit scores of the borrower. Our loan procedure requires less paperwork than many other types of financing sources. The money is given directly from private lenders Miami, FL and not from a financial institution. We facilitate borrowers to obtain loan for real estate projects, as we value the purchase of our clients and understand that it is the most valuable assets in which customers have invested their life time savings. The approval of the required loan amount is totally based upon the valuation of the property, in order to qualify for the loan criteria, property value should be around 65 % of the total valuation of the property.
We are Hard Money Private Lenders Miami, FL and provide our customers with short term loan to the borrowers and mostly to be paid within 24 hours of the submission of the loan application. Customers can borrow funds from $40,000 up till $4 million without any additional charges. The customers are not overburdened with heavy interest rates, as we just demand loan amount from our customers. Customers have the option to repay the loan amount in easy installments rather than variable amounts. We are also broker friendly source of funds. Most of our loans options come from our wide network of referring brokers. By referring their clients to us, brokers can be highly benefitted as it earns them popularity among the clients and also can earn referring brokering fee from us. At Ben worth Capital, we are committed to honor our referral network and pay them highest referral fees in the business.
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