Texas Note Company has launched an exciting new expansion to its business offerings which now includes Hard Money Loans. Hard money loans are a short term, high interest loan. — Texas Note Company, a real estate investment group, offers loans between $30,000 and $100,000, for twelve months or less, with interest rates between 12% and 14%.
For investors, hard money lending is an opportunity to safely loan money and receive a high yield, with yield rates at 10% to 12% instead of the average rate of 3% to 5%. This means investors can build an investment strategy to produce above average returns with an added degree of safety and security of their invested funds.
Private mortgage loans from Hard Money Lenders offer investors the ability to loan money while experiencing increased safety, security, and a tremendous return on their investment. The loan is secured by a first or second mortgage and is a low loan to value loan made for no more than 70% to 80% of the total value. The cushion provided by a lower LTV (loan to value) means that if a foreclosure was necessary, there would be enough equity above the loan that upon sale the investment would be covered and there would be a potential profit. Hard Money Loans are a great opportunity for investors and an exciting new part of the Texas Note Company’s line of services.
Robert Young, owner and founder of the Texas Note Company has over 20 years of experience in the mortgage and finance industry. He invites everyone to contact him with any questions everyone might have about the new hard money loans service being offered by Texas Note Company.
Release ID: 27552