San Diego, California (PRWEB) August 15, 2014
For individuals in need of residential hard money loans in San Diego, time is usually the most important factor. AnikimCreditCorp.com just uploaded and is now promoting hard money lenders in San Diego that they are currently working with. The reason that investors look for this type of unconventional financing is because banks simply may take too long, or they are unable to qualify for a loan in the traditional sense. Asset-based loans are hard money home loans usually used to purchase a property. The amount available will vary depending on the hard money lender. It is generally a percentage of the appraised value, but most are offered at 65% or 75% LTV (loan to value). Traditional banks typically require individuals to supply around 20% of the purchase price, if not, there may be a higher interest rate and private mortgage insurance charge as well. There are many hard money lenders in San Diego willing to invest in real estate, and AnikimCreditCorp.com is out marketing to find them new clients. To find out more about how to get approved for hard money loan in San Diego, contact the firm directly at 877-889-7474.
Because of the stricter guidelines for home loans, hard money loans have become more popular over the last few years. The hard money lenders in San Diego that are offering their products focus on the value of the collateral property rather than the client’s ability to repay the loan based on their own personal income or assets, like traditional lenders. These lenders fund deals that do not conform to normal bank standards like verification of borrower's income, assets, or even what their credit score is. This is what makes these types of loans very attractive to investors looking to flip properties. Many investors need short-term loans to buy a house cheap, fix it up, and sell it huge profits. They don’t mind that the interest rate is higher than a traditional bank because there goal is to pay off the loan quickly. To learn more about hard money lenders interest rates, or what it takes to qualify for one of these loans, visit http://www.kevinleonardmortgageexpert.com/hard-money-lenders-san-diego/.
The mortgage consulting firm AnikimCreditCorp.com only works with the top hard money lenders in the country. They work with a search engine optimization specialist to help them rank for hard money loan-related key phrases. The mortgage firm uses various social media, video campaigns, and industry related forums to provide information about these types of asset-based loans. The firm is also actively looking for those who want to work with the best realtors in the Southern California area, so they can to partner them with their data base of mortgage originators. The real estate consulting firm successfully grows its business on the internet and throughout the mortgage community looking for real estate agents, and investors in search of these unique home loan products.
The mortgage consulting firm has been expanding the different products they offer and are making them available to those in need. The firm assists its Realtor partners by offering them different types of home loan products. The company started marketing these types of loans to real estate brokers in San Diego, and sent them all the information needed for borrowers to apply. The mortgage firm’s focuses right now educating those looking for non-traditional lenders, and the videos were released in hopes to get the attention of potential clients. The mortgage firm has is completing marketing videos for each city and is working on releasing them to the public.
About the company:
AnikimCreditCorp.com was started after the mortgage crisis to help struggling loan officers and net branches find mortgage banks that were able to sustain through the tough times. Former founder of a large lending platform Kevin Leonard has many relationships with lenders and brokers throughout the county, and helps place mortgage loan officers with jobs and net branch opportunities. The company also assists investors with hard money loans through their lending partners or private money associates.
Contact: Mason Baxter