by HMLS

RECENTLY FUNDED HARD MONEY LOANS

Check out some of our recently funded Hard Money Loans

CASH OUT REFINANCE

FORT MYERS, FLORIDA

Address: Fort Myers, FL 33901
ARV: $339,000 (As-is)
Loan Amount: $150,000
Loan Structure: 12 Months Interest Only
Interest Rate: 12%
LTV 55%
Borrower Profile: Investor
Loan Purpose: Cash Out
July 18, 2023

The borrower purchased this three bedand 2 bath investment property on and intends to rent it out for investment purposes. However, dueto a shortage of business capital, they decided to withdraw some funds to invest in their existing business

REFINANCE

DELRAY BEACH, FLORIDA

Address: Delray Beach, FL 33484
ARV: $300,000 (As-is)
Loan Amount: $185,000.00
Loan Structure: 12 Months Interest Only
Interest Rate: 12%
LTV 60%
Borrower Profile: Investor
Loan Purpose: Cash out Refinance
June 06, 2023

An individual made an investment in a property and secured a loan of $120,000 from a local hard money lender. After financing the property’s renovation with their own funds, they approached us for refinancing. We provided more reasonable fees compared to other hard money lenders in the vicinity, and the client chose to work with us. We efficiently arranged an appraisal that valued the property at$300,000 and granted the client $70,000 in cash for another investment while waiting for the property to sell. Our team processed their loan application proficiently and closed it in just eight days.

PURCHASE

FORT LAUDERDALE, FLORIDA

Address: Fort Lauderdale, FL 33308
ARV: $675,000 (As-is)
Loan Amount: $1,809,500.00
Loan Structure: 12 Months Interest Only
Interest Rate: 13%
LTV 55%
Borrower Profile: Investor
Loan Purpose: Purchase
June 13, 2023

Our company recently provided financial support for the acquisition of an 8-unit hotel located in Lauderdale ByThe Sea, Florida. We lent the borrower $1,809,500, which covered 55% of the total purchase price of $3,290,000. The borrower contributed the remaining45% in cash at the time of closing. We were approached by a broker in the area who had previously been unable to secure funding from a nearby lender. They requested that we fund the loan within a short two-day timeframe, which we promptly agreed to due to the impressive loan-to-value ratio and our familiarity with the location. Fortunately, the title had already been completed, which made the loan document generation process straightforward. The property was in pristine condition, spanning approximately 4,016 square feet on a 0.28-acre lot. The borrower had good credit and plans to continue leasing the property while paying off the loan over the 12-month term.

CONSTRUCTION LOAN

REDINGTON SHORE, FLORIDA

Address: Redington Shores, FL 33708
ARV: $1,400,000 (As-is)
Loan Amount: $650,000.00
Loan Structure: 12 Months Interest Only
Interest Rate: 13%
LTV 50%
Borrower Profile: Contractor
Loan Purpose: Refi
April 14, 2023

The borrower had originally secured funding from a local bank for the construction of their property, but the bank ultimately withdrew their offer. With the construction already midway through and the building completely dried in, the borrower reached out to us for assistance. Given their extensive experience in construction and building spanning over two decades, we were happy to provide our support. The construction is slated to be completed in just four months, with the estimated selling price expected to range between $1.2 million and $1.4 million based on recent sales in the surrounding area. In addition, the property comes with the added bonus of access to a private community beach park. The finished property is spread out over three floors, with the top two floors designated for residential use and the bottom floor serving as a garage. The rooftop terrace offers an unbeatable view of the beach. The total cost, which includes expenses such as architect and legal fees, material and labor costs, subcontractor fees, land costs, and more, comes to $390,122.84. The cost of the land itself is $211,000, with the completion of the construction expected to amount to $426,000. We are providing a total of three disbursements for this construction budget, with the first disbursement of $161,581 already disbursed at closing. The second disbursement of $203,800 has also been made, with the final disbursement of $59,150 to be provided shortly.

CONSTRUCTION LOAN

NAPLES, FLORIDA

Address: Naples, FL 34102
ARV: $15,900,000 (As-is)
Loan Amount: $6,900,000
Loan Structure: 12 Months Interest Only
Interest Rate: 12%
LTV 55%
Borrower Profile: Investor
Loan Purpose: Refi
June 30, 2023

Last month, a loan of $6.9 million was provided for the completion of a luxurious single family home in Naples, Florida. The property was purchased for $4.75 million and underwent demolition. The project’s timeline exceeded expectations, and the prior lenders declined to extend the loan. A nearby broker informed us of a loan request they received from another broker’s client. Despite not usually refinancing ongoing construction projects, we made an exception in this situation due to the borrower’s steady cash flow, exceptional credit score, and the reputable general contractor overseeing the project. Furthermore, the house was already in a good state of completion. The loan funded the entire construction budget, including the repayment of the two previous mortgages. Additionally, we took a 6 month interest reserve. The estimated completed value was $15,000,000, resulting in our loan completed value being 46%. The 4 bedroom home, situated on a 0.35 acre lot, encompasses 4,200 square feet and includes a movie theater and a massive 4 car garage. Upon project completion, the borrower intends to sell the property.

CASH OUT REFINANCE

LOXAHATCHEE, FLORIDA

Address: Loxahatchee, FL 33470
ARV: $2,100,000 (As-is)
Loan Amount: $300,000.00
Loan Structure: 12 Months Interest Only
Interest Rate: 12%
LTV 12%
Borrower Profile: Investor
Loan Purpose: Cash Out
August 1, 2023

A borrower requested a loan to finish renovating their home, which they have lived in for ten years. Their intention is tosell the property andmove to a more affordable residence in the Orlando area. We approved a loan of $300 and utilized a nearby parcel of land as collateral forsecurity purposes. The borrower’s primary home has a first mortgage of $500k and a second mortgage of $150k. To ensure additionalprotection, we cross-collateralized the primary house to ensure repayment after the sale

CASH OUT REFINANCE

CAPE CORAL, FLORIDA

Address: Cape Coral, FL 33914
ARV: $300,000 (As-is)
Loan Amount: $150,000.00
Loan Structure: 12 Months Interest Only
Interest Rate: 12%
LTV 50%
Borrower Profile: Investor
Loan Purpose: Cash Out
July 11, 2023

In the previous year, the borrower acquired this vacant lot for $300,000 with the purpose of constructing and selling a house. The borrower has applied for cash out to cover expenses related to the preliminary stage of the construction loan. We will carefully assess and contemplate the approval of the construction loan once the client is ready for it

CASH OUT REFINANCE

THE VILLAGES, FLORIDA

Address: The Villages, FL 32162
ARV: $1,000,000 (As-is)
Loan Amount: $320,000.00
Loan Structure: 12 Months Interest Only
Interest Rate: 12%
LTV 32%
Borrower Profile: Investor
Loan Purpose: Cash Out
July 17, 2023

During a recent call with a brokerwe know well, we were notified of a client who required a loan of $320,000 for a fully-owned propertyworth $1,000,000. While checking Zillow during the call, we approved the loan.The client is a business owner in the thoroughbred horseindustry who required financial support until a few horses sell in five months. We used the unencumbered property as collateral andprovided the loan to the business.

CASH OUT REFINANCE

WINDEMERE, FLORIDA

Address: Windermere, FL 34786
ARV: $4,500,000.00 (As-is)
Loan Amount: $2,200,000.00
Loan Structure: 24 Months Interest Only
Interest Rate: 11.5%
LTV 49%
Borrower Profile: Investor
Loan Purpose: Cash out Refinance
April 06, 2023

CASH OUT REFINANCE

MIAMI, FLORIDA

Address: Miami, FL 33127
ARV: $770,000 (As-is)
Loan Amount: $370,000.00
Loan Structure: 24 Months Interest Only
Interest Rate: 12%
LTV 49%
Borrower Profile: Investor
Loan Purpose: Cash Out Refi Repairs
May 05, 2023

CASH OUT REFINANCE

LEESBURG, FL

Address: Leesburg, FL 34748
ARV: $190,000 (As-is)
Loan Amount: $115,000.00
Loan Structure: 24 Months Interest Only
Interest Rate: 12%
LTV 60%
Borrower Profile: Investor
Loan Purpose: Cash Out Refi
May 18, 2023

CASH OUT REFINANCE

INDIAN ROCKS BEACH, FL

Address: Indian Rocks Beach, FL 33785
ARV: $1,900,000 (As-is)
Loan Amount: $1,200,000.00
Loan Structure: 12 Months Interest Only
Interest Rate: 12%
LTV 63%
Borrower Profile: Investor
Loan Purpose: Cash Out Refi
May 08, 2023

CASH OUT REFINANCE

BONITA SPRINGS, FL

Address: Bonita Springs, FL 34134
ARV: $439,000 (As-is)
Loan Amount: $224,000.00
Loan Structure: 24 Months Interest Only
Interest Rate: 12%
LTV 56%
Borrower Profile: Investor
Loan Purpose: Cash Out Refi Repairs
May 10, 2023

CASH OUT REFINANCE

BOCA RATON, FL

Address: Boca Raton, FL 33432
ARV: $675,000 (As-is)
Loan Amount: $372,000.00
Loan Structure: 24 Months Interest Only
Interest Rate: 12%
LTV 55%
Borrower Profile: Investor
Loan Purpose: Cash Out Refi
April 14, 2023

CASH OUT REFINANCE

HALTOM, TEXAS

Address: Haltom, TX 76117
ARV: $650,000 (As-is)
Loan Amount: $422,500.00
Loan Structure: 24 Months Interest Only
Interest Rate: 12%
LTV 65%
Borrower Profile: Experienced Investor
Work Description: Business Capital
Loan Purpose: Cash Out
March 07, 2023

INVESTMENT PURCHASE

JUPITER, FLORIDA

Address: Jupiter, FL 33478
ARV: $600,000 (As-is)
Loan Amount: $300,000.00
Loan Structure: 24 Months Interest Only
Interest Rate: 12%
LTV 50%
Borrower Profile: Experienced Investor
Loan Purpose: Purchase
January 17, 2023

REFINANCE

MIRAMAR BEACH, FLORDIA

Address: Miramar Beach, FL 32550
ARV: $1,100,000 (As-is)
Loan Amount: $550,000.00
Loan Structure: 24 Months Interest Only
Interest Rate: 12%
LTV 50%
Borrower Profile: Experienced Investor
Loan Purpose: Refinance
January 13, 2023

CROSS COLLATERALIZED PRIMARY RESIDENCE PURCHASE

FORT LAUDERDALE, FLORIDA

Address 1: Fort Lauderdale, FL 33068
Address 2: Miami, FL 33161
ARV: $1,045,000 (As-is)
Loan Amount: $460,000.00
Loan Structure: 24 Months Interest Only
Interest Rate: 12%
LTV 44%
Borrower Profile: Experienced Investor
Loan Description: Cross Collateralized Primary residence to purchase an investment property.
Loan Purpose: Purchase
December 30, 2022

CASH OUT REFINANCE

PANAMA CITY, FLORIDA

ARV: $320,000 (As-is)
Loan Amount: $150,000.00
Loan Structure: 24 Months Interest Only
Interest Rate: 12%
LTV 48%
Borrower Profile: Experienced Investor
Loan Purpose: Cash Out
November 17, 2022

CASH OUT REFINANCE

WELLINGTON, FLORIDA

Address: Wellington, FL 33414
ARV: $5,200,000 (As-is)
Loan Amount: $3,100,000.00
Loan Structure: 24 Months Interest Only
Interest Rate: 12%
LTV 60%
Borrower Profile: Experienced Investor
Loan Purpose: Cash Out
October 25, 2022

REFINANCE

PEMBROKE PINES, FLORIDA

Address: Pembroke Pines, FL 33025
ARV: $600,000 (As-is)
Loan Amount: $383,000.00
Loan Structure: 24 Months Interest Only
Interest Rate: 12%
LTV 55%
Borrower Profile: Experienced Investor
Loan Purpose: Refinance
October 24, 2022

PURCHASE

MATHIS, TX

Address: Mathis, TX 78368
ARV: $1,350,000 (As-is)
First Mortgage: $450,000.00
Seller held 2nd Mortgage: $550,000.00
Loan Structure: 24 Months Interest Only
Interest Rate: 12%
LTV 33%
Loan Description: Motel & RV Park
Loan Purpose: Purchase
October 21, 2022

CASH OUT REFINANCE

RIVERVIEW, FL

Address: Riverview, FL 33579
ARV: $632,000.00 (As-is)
Loan Amount: $410,800.00
Loan Structure: 24 Months Interest Only
Interest Rate: 12%
LTV 65%
Borrower Profile: Experienced Investor
Loan Purpose: Cash Out
September 21, 2022

PURCHASE

TARPON SPRINGS, FL

Address: Tarpon Springs, FL 34689
ARV: $550,000 (As-is)
Purchase Price: $350,000.00
Loan Amount: $175,000.00
Loan Structure: 24 Months Interest Only
Interest Rate: 12%
LTV 50%
Borrower Profile: Builder
Work Description: 13 Single Family Homes
Loan Purpose: Purchase
August 13, 2021

PURCHASE

NORTH FORT MYERS, FL

Address: North Fort Myers, FL 33903
ARV: $750,000 (As-is)
Loan Amount: $487,500.00
Loan Structure: 24 Months Interest Only
Interest Rate: 12%
LTV 65%
Borrower Profile: Experienced Investor
Loan Purpose: Purchase
February 15, 2022

PURCHASE

LANTANA, FLORIDA

Address: Lantana, FL 33462
ARV: $515,000 (As-is)
Loan Amount: $270,000.00
Loan Structure: 36 Months Interest Only
Interest Rate: 12%
LTV 53%
Borrower Profile: Experienced Investor
Loan Purpose: Investment
October 05, 2022

REFINANCE

NEW SMYRNA BEACH, FLORIDA

Address: New Smyrna Beach, FL 32168
ARV: $600,000 (As-is)
Loan Amount: $300,000.00
Loan Structure: 36 Months Interest Only
Interest Rate: 12%
LTV 50%
Borrower Profile: Owner Operator
Loan Purpose: Cash Out
October 18, 2022

PURCHASE - VACANT LAND

NEW PORT RICHEY, FL

Address: New Port Richey, FL 32025
ARV: $300,000 (As-is)
Loan Amount: $144,500.00
Loan Structure: 24 Months Interest Only
Interest Rate: 12%
LTV 48%
Borrower Profile: New Investor
Work Description: Build Storage Units
Loan Purpose: Purchase
September 20, 2021

CONSTRUCTION

LAKE WORTH, FL

Address: Lake Worth, FL 33460
ARV: $2,500,000 (As-is)
Loan Amount: $675,000.00
Loan Structure: 12 Months Interest Only
Interest Rate: 9.99%
LTV 27%
Borrower Profile: Experienced Investor
Work Description: New Construction
Loan Purpose: Complete Project
August 31, 2021

CASH OUT REFINANCE

LAKE WORTH, FLORIDA

Address: Lake Worth, FL 33444
ARV: $1,400,000 (As-is)
First Mortgage: $330,000.00
2nd Mortgage Loan Amount: $200,000.00
Loan Structure: 24 Months Interest Only
Interest Rate: 12%
LTV 38%
Loan Description: Business Capital
Loan Purpose: Cash Out
August 21, 2021

PURCHASE

FORT LAUDERDALE, FL

Address: Fort Lauderdale, FL 33304
ARV: $1,030,000 (As-is)
Loan Amount: $670,000.00
Loan Structure: 24 Months Interest Only
Interest Rate: 12%
LTV 65%
Borrower Profile: Seasoned Investor
Work Description: Airbnb
Loan Purpose: Purchase
August 24, 2021

PURCHASE

MIAMI, FL

Address: Miami, FL 33179
ARV: $2,150,000 (As-is)
First Mortgage: $1,260,000.00
Loan Structure: 24 Months Interest Only
Interest Rate: 10%
LTV 59%
Loan Description: Airbnb Rental
Loan Purpose: Purchase
April 09, 2021

PURCHASE

LAKE CITY, FL

Address: Miami, FL 33179
ARV: $2,150,000 (As-is)
First Mortgage: $1,260,000.00
Loan Structure: 24 Months Interest Only
Interest Rate: 10%
LTV 59%
Loan Description: Airbnb Rental
Loan Purpose: Purchase
April 09, 2021

CASH OUT REFINANCE

WEST PALM BEACH, FL

Address: West Palm Beach, FL 33409
ARV: $400,000.00 (As-is)
Loan Amount: $200,000.00
Loan Structure: 24 Months Interest Only
Interest Rate: 12%
LTV 50%
Work Description: Business Capital
Loan Purpose: Cash Out
January 07, 2021

CASH OUT REFINANCE

WELLINGTON, FL

Address: Wellington, FL 33449
ARV: $1,200,000 (As-is)
Loan Amount: $370,000.00
Loan Structure: 24 Months Interest Only
Interest Rate: 9.99%
LTV 35%
Borrower Profile: Experienced Investor
Work Description: Remodel
Loan Purpose: Cash Out
July 14, 2020

PURCHASE

BOCA RATON, FL

Address: Boca Raton, FL 33496
ARV: $1,875,000 (As-is)
Loan Amount: $1,312,500.00
Loan Structure: 24 Months Interest Only
Interest Rate: 12.00%
LTV 70%
Borrower Profile: Experienced Investor
Loan Purpose: Purchase
July 25, 2018

Call Me Now