HARD MONEY LOANS

DIRECT HARD MONEY LOANS FLORIDA ALABAMA MORTGAGE BROKER LENDER SPECIALIST BLISSFUL MORTGAGE LLC 21 YRS EXP
BLISSFUL MORTGAGE is able to help borrowers finance non-owner occupied business-related properties with Hard Money Lenders. We offer Hard Money Loans all across Florida and Alabama and we work a variety of clients and industries to fund both commercial and residential real estate endeavors. It is important to note that only properties intended for business use qualify for funding. We proudly finance a wide array of residential, commercial, and industrial properties. We specialize in helping clients that require a higher level of service and flexibility than traditional banks. That are looking for a Expert Mortgage Advisor Loan Officer. Thus using multiply HARD MONEY lenders to find the niche to achieve our clients goals..Make us your first call for all your MORTGAGE LOAN needs.
What Is A Hard Money Loan?
A hard money loan is a short-term, asset-based loan secured by real estate, typically used by investors for fix-and-flip projects. Provided by private investors/Lenders rather than banks, these loans offer fast approval and funding—often in days—because they focus on the property’s value rather than the borrower’s credit score.
Key Aspects of Hard Money Loans:
- Requirements: Lenders primarily focus on the equity in the property (collateral). While credit score is less important, most our lenders may have minimum requirements 650 FICO..
- Down Payment: Borrowers typically need to provide a 10% to 30% down payment, higher than traditional loans.
- Loan Amount: Lenders generally offer 65% to 75% of the property’s after-repair value (ARV), though some may cover up to 100% of purchase and rehab costs.
- Terms and Rates: Short-term (12 months) with high interest rates than traditional loans.
- Costs: Fees, or “points,” usually range from 4.5% to 7% of the total loan amount.
- Cost to Consider: Although this can be a little higher interest rate, this cost is for a Non-Bank type loan.
These loans are ideal for properties that do not qualify for traditional financing, such as homes needing significant repairs.
What properties can hard money lenders finance?
Residential
- $No Income Verification
- No DTI / No Docs
- Foreign Nationals
- Non-Owner Occupied – SFR, Condo, 2-4 Units
- Asset Based Loans – Bank statement loans
- Assest depletion
Fix and Flips
- Now Lending off ARV and for Rehab!
- 12 month Interest Only
- Purchase / Refinance
- SFR, Condo, 2-4 Units
Commercial Loans
- Loan Amounts up to $5M
- Up to 75% LTV
- No DSCR up to $750,000
- No personal income verification
- 5+ Unit, Multi-Family, Mixed Use, Office, Retail, Warehouse, Self-Storage, Automotive Service, Light Industrial
Why choose Blissful Mortgage as your Hard money Broker/Lender in Florida and Alabama
As Florida’s and Alabama’s premier hard money Broker/lender, Blissful Mortgage makes all loan transactions a breeze for seasoned investors or first-time borrowers. The real estate and commercial property industry is a very lucrative business. When you need investment money fast to secure that contract and begin reaping benefits even faster, hard money lending presents the perfect solution. Our goal is to distribute funds faster than the competition, we accomplish this by keeping everything on pace for quick deal closings.— This allows you to start flipping within days of your application approval. Traditionally lenders put their clients through piles of paperwork, a number of lending requirement, credit checks, and unnecessarily long wait times which could all end in being denied. If they do get approval, it could take weeks, or even months, to see your loan money wired to your account. Instead of waiting on a bank or credit union to evaluate your project and its required finances, use Blissful Mortgage for your hard money loans and get your project started. Investors always choose Blissful Mortgage for all their hard money loans in Florida and Alabama because we:
- Offer an incredibly easy application process
- Guarantee fast turnaround times for approval status: we typically alert you of your status within 24 hours of receiving your loan application.
- Offer quick funding and closing times: we typically wire your funds within 7-20 days following your loan approval
- Do not require a minimum income
- Offer fixed interest rates:
- Grant short-term agreements: typical terms last within 1 to 3 years
- Accept limited-income and self-employed borrowers
How can I get approved for a hard money loan in Florida and Alabama? Who qualifies?
Fortunately for buyers, qualifying and being approved for hard money loans in Florida and Alabama only requires a minimal amount of information. Here at Blissful Mortgage, we only require your name, email address, phone number, and a detailed description of your real estate financing request. The more detail you’re able to give us, the better! We proudly offer financing solutions to borrowers of all standard and “risky” backgrounds including statuses like:
- Self Employed
- Limited income
- Low credit score
- Past foreclosure
- Past bankruptcy
- Foreign nationals
Our goal is to make your loan application and payment process as smooth as possible. Interested in applying today? Head to our Pre-Approval application for a free no-obligation quote!
FLORIDA MORTGAGE BROKER/LENDER SPECIALIST. HARD MONEY LOANS SERVICE SPECIALIZED LOCATIONS
FLORIDA HARD MONEY LOANS specializing in the these ares. Panama City Beach, Panama City, Pensacola, Milton, Gulf Breeze, Navarre Beach, Perdido Key, Fort Walton Beach, Defuniak Springs, Destin, Niceville, Miramar Beach, Vernon, Chipley, Santa Rosa Beach, 30A, Mexico Beach, Marianna, Tallahassee, Port St Joe, Perry, Live Oak, Lake City, Jacksonville, St Augustine, Starke, Gainesville, Crystal River, Homosassa, Palatka, Palm Coast, Ormond Beach, Daytona Beach, Ocala, Inverness, Deland, Port Orange, Leesburg, Spring Hill, Orlando, Deltona, Dade City, Kissimmee, Titusville, The Villages, Clearwater, Lakeland, Haines City, Winter Haven, Melbourne, Palm Bay, St Petersburg, Tampa, Bartow, Bradenton, Sarasota, Vero Beach, Ft Pierce, Port St Lucie, Cape Coral, Ft Myers, Jupiter, Palm Beach Gardens, Wellington, Delray Beach, Boca Raton, Coral Springs, Pompano Beach, Ft Lauderdale, Hollywood, Miami, Naples, Marco Island, Key Largo, Islamorada, Marathon, Big Pine Key, Key West, Port Charlotte, Punta Gorda, Northpoint, Plant City, Lehigh Acres, Florida, HARD MONEY LOANS fo rate whole state of FLORIDA.
ALABAMA MORTGAGE BROKER/LENDER SPECIALIST. HARD MONEY LOANS SERVICE SPECIALIZED LOCATIONS
ALABAMA HARD MONEY LOANS Baldwin Co Gulf Shores AL, Orange Beach AL, Foley AL, Fort Morgan AL, Plus Dauphin Island AL Fairhope AL, Daphne AL and Spanish Fort AL. Houston Co Dothan AL. Montgomery Co Montgomery AL Lee Co Auburn AL. Clanton Co Clanton AL. Shelby Co Alabaster AL. Autauga and Elmore Co Prattville AL Jefferson and St Clair Co Birmingham AL, Trussville AL. Lee Co and Russell Co Phenix City AL Columbus AL. Tuscaloosa Co Tuscaloosa AL Madison Co Huntsville AL Morgan Co Decatur AL Marshall Co Guntersville AL, Harestelle AL, Center AL, Homewood Al, Alexander City AL, Dadeville AL, Hoover AL, Athens AL, Wetumpka AL, Vestavia AL, Pell City AL, Vestavia Hills AL. HARD MONEY LOANS for the whole state of ALABAMA.
HARD MONEY HOME LOANS ALABAMA COUNTIES
HARD MONEY LOANS ALABAMA COUNTIES Autauga County, Baldwin County, Barbour County, Bibb County, Blount County, Bullock County, Butler County, Calhoun County, Chambers County, Cherokee County, Chilton County, Choctaw County, Clarke County, Clay County, Cleburne County, Coffee County, Colbert County, Conecuh County, Coosa County, Covington County, Crenshaw County, Cullman County, Dale County, Dallas County, DeKalb County, Elmore County, Escambia County, Etowah County, Fayette County, Franklin County, Geneva County, Greene County, Hale County, Henry County, Houston County, Jackson County, Jefferson County, Lamar County, Lauderdale County, Lawrence County, Lee County, Limestone County, Lowndes County, Macon County, Madison County, Marengo County, Marion County, Marshall County, Mobile County, Monroe County, Montgomery County, Morgan County, Perry County, Pickens County, Pike County, Randolph County, Russell County, Shelby County, St. Clair County, Sumter County, Talladega County, Tallapoosa County, Tuscaloosa County, Walker County, Washington County, Wilcox County, Winston County. HARD MONEY LOANS
