Hard Money Available
We are now considering private "hard money" lending to qualified investors. Our basic requirements are outlined below, but
- Must be a property we wouldn't mind owning ourselves in the Waterville Winslow area
- 65-70% LTV
- 1st mortgage only
- Borrower with good track record (and decent credit report)
- 10% minimum interest rate
- 1-3 points depending on length of term and perceived risk
- Lender is named insured on HO policy
- Appraisal must be completed at expense of borrower
- Title search and title insurance at expense of borrower
- Borrower pays all fees
- Borrower personal guarantee
You can contact Us in a number of ways.
By Phone 207-873-9321
By Email sales@realestateme.com
We look forward to hearing from you!