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West Palm Beach
Private Money Lenders

West Palm Beach Private Money Lenders

Clear2Close Title & Escrow, LLC has in-house private money lenders that are individuals or companies that offer loans to borrowers for real estate investment purposes. Unlike traditional lenders such as banks or credit unions, our private money lenders do not rely on a borrower's creditworthiness to approve a loan. Instead, we use the value of the property as collateral to secure the loan.

Private money lending is a growing industry, and many real estate investors prefer to use private money lenders for their projects. Some of the benefits of working with Clear2Close Title & Escrow, LLC's private money lenders are as follows:

Flexibility

Our West Palm Beach Private Money Lenders are more flexible than traditional lenders when it comes to loan terms. They customize loan terms to fit the borrower's specific needs, including loan duration, interest rates, and repayment terms. Our Private money lenders can often offer loans in as little as a few days, which is significantly faster than traditional lenders that can take weeks or even months to approve a loan.

Less Stringent Requirements

Private money lenders are not bound by the same stringent requirements as traditional lenders. Borrowers can often obtain a loan even if they have a poor credit score, a history of bankruptcy or foreclosure, or other negative factors that would disqualify them from getting a loan from a traditional lender.

Higher Loan Amounts

Private money lenders can offer higher loan amounts than traditional lenders, which is particularly beneficial for real estate investors who need to finance large projects. Because private money lenders use the property as collateral, they are more willing to lend higher amounts of money.

Personal Relationships

Our West Palm Beach Private Money Lenders allow borrowers to establish personal relationships with their lender. This can be beneficial for real estate investors who are looking for long-term funding for multiple projects. By developing a good relationship with our West Palm Beach Private Money Lenders, borrowers can receive better loan terms and faster loan approvals in the future.

Clear2Close Title & Escrow, LLC is an attorney owned and family operated title and escrow company located in Lantana, Florida. Our office has in-house West Palm Beach Private Money Lenders, which services Palm Beach County and  all of Florida's 67 counties. Therefore, decisions for borrower loan qualification is made immediately.  

If you are a borrower looking to secure a loan through a West Palm Beach Private Money Lender, contact us today @ 561.600.0448 to find out more.

Typical Loan Terms:

  • Interest Only Loan;
  • Interest Rates from 7%-10%;
  • Term from 1-3 years; and
  • Loan-to-Value Ratio of no more than 60%.

Purpose of Loan:

  • Purchases;
  • Refinances and Cash-Out;
  • Fix and Flip; and
  • Short-Term and Bridge

*The Purpose of the Loan cannot be for the Purchase of an Owner-Occupied Homestead Property.

 

 

 

 

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