ROCKET LAUNCH MARKETING AND CONSULTING
A hard money loan is a specific type of asset-based loan financing through which a borrower receives funds secured by real property. Hard money loans are typically issued by private investors or companies. Interest rates are typically higher than conventional commercial or residential property loans because of the higher risk and shorter duration of the loan. Most hard money loans are used for projects lasting from a few months to a few years. We can help with distressed financial situations, such as arrears on the existing mortgage, or if bankruptcy and foreclosure proceedings are occurring.
Flips are typically 60% of current value or 70% of improved value.
Owner occupied are typically 85% of current value.
Rates can start as low as 8%
Rocket Launch Lending Division searches for the best match and monitors many highly competitive products that may offer competitive rates. With access to over 50 lenders and thousands of loan programs we can help you save time and money! We can match you to over 60 offices throughout the US.
Legal Stuff and fine print
Rocket Launch (RL) is not a lender or a broker. The information provided by you to RL is not an application for a mortgage loan, nor is it used to pre-qualify you with any lender or broker. If you are contacted by a lender or broker and you submit a loan application to such lender or broker, your information remains between you and that lender or broker.
RL does not endorse, warrant or guarantee service or products of any lender or broker and does not guarantee and makes no representations of any rates, points and loan programs posted by advertising lenders and brokers. All information is subject to change without notice. This is not an advertisement for credit as defined by paragraph 226.24 of regulation Z.
RL shall not be responsible or liable for any products, services, information or other materials displayed, purchased, or obtained as a result of any information or offer in or results of any kind obtained in connection with this web site, including, without limitation, any agent referrals, loan recommendations, application, approval, pre-qualification, loan or interest rate analysis.