Quincy, Florida, is a historic city that features a quaint downtown district complete with an array of Victorian homes and bustling attractions including the modern Gadsden Arts Center.

For its current and historical features, Quincy, FL, may prove to be a location ripe for property investment – but as everyone who gets into property investment quickly learns, it’s essential to utilize the best financial solutions in order to ensure the best outcomes.

Hard money and bridge financing solutions from HML Solutions can be just the thing to facilitate your property acquisition.

Some excellent benefits of hard money and bridge financing solutions

There are a wide variety of reasons why hard money and bridge loans might be a better option for you than getting a conventional loan from a banking institution.

Here are just a few of the benefits of hard money and bridge financing loans.

They are quicker, easier, and more straightforward

Conventional loans are issued by banks, which means that there is inevitably a lot of bureaucracy, red tape, and an assortment of hoops to jump through whenever you want to secure a loan.

When it comes to hard money and bridge loans which are offered by private lenders, on the other hand, the process can be much more straightforward.

At HML Solutions we specifically aim to avoid excessive complexity when determining your eligibility.

Here are a few of the things you can expect when borrowing from us:

• A minimalistic and straightforward credit check
• Very few, and basic, cash flow requirements
• Only the bare essentials when it comes to business documents requests
• No outside collateral requirements
• Fast closing
• Fixed interest rates

Loans based on property value first and foremost

While we do carry out credit checks before approving loans, this is far less of a complex and intense process than with traditional loans.

Instead, we make our determinations primarily in terms of the value of the property you are interested in buying and manage our calculations based on that property’s value.

When you get approved for a loan with us:

• The amount you are eligible for will be calculated according to a loan-to-value ratio (LTV) of up to 75% of the asking price for the property that you are borrowing to purchase, or its existing property value, dependent on which of those two values is lower
• You will be able to borrow an amount ranging from $50K-$50M and up, based on the property value and LTV

Fixed interest rates and reasonable terms and conditions

At HML Solutions we make a point of offering reasonable and transparent terms and conditions, and fixed interest rates, in contrast to the many private lenders who try to manipulate their clients through predatory rates and hidden conditions.

Among other things, we pride ourselves on:

• LOAN AMOUNTS: $100K – $50M+
• Maximum LTV 75%
• TERMS: 1 – 3 Years
• RATE TYPE: 10% – 12% fixed
• AMORTIZATION: Interest only
• CLOSINGS: 1 – 2 Weeks
• ORIGINATION FEE: 2 Points
• CREDIT CHECK: NO
• INCOME VERIFICATION: NO