What do Top Producers have that the average realtor does not? Is it better marketing or better clients? No…Top Producers have a tool in their toolbox that others do not: ZeusLending for hard money. So why use hard money lenders?
Keep More Cash
- The difference between the purchase price and appraised value is considered part of the down payment, so your buyer can bring little or no money to closing
Non-Traditional Income, Assets, or Credit
- Self-employed buyers with little taxable income, but large assets and great credit
- Retired buyers with little taxable income, but large assets and great credit
- Waiting on a new pension, insurance proceeds, or probate
- Credit challenged buyers with large assets
- Property that doesn’t qualify for traditional financing because it needs flooring, HVAC, toilet, inside doors, or appliances
- Real estate investors who want ugly houses to remodel and sell for a profit
Time Sensitive/Contingency Closings
- Contingency sale fell through? Don’t let that kill your deal!
- Need quick pre-approval and funding to impress a seller?
- The average turn-time for traditional loans is 45 days. The average turn-time for ZeusLending, Houston’s premier hard money lender, is 7-10 days…but can be completed in as little as 4 days.
More questions about hard money loans from ZeusLending? Give the experts at ZeusLending a call at 713-ASK-ZEUS. Ask away. We love questions!