#1 Montana Hard Money Loan Lender!
From the mountains of Montana to the plains, LVHardMoney has you covered!
YES, we finance hard money deals in Montana.
We serve all of the main metropolitan cities in Montana, including: Billings, Missoula, Great Falls, Bozeman, Butte-Silver Bow, Helena, Kalispell and hard money in MT for the smaller cities as well.
Here are some facts on Montana private money loans:
Obtaining a hardmoney mortgage loan in MT is similar to financing in other states.
Purchase money:
We provide hard money financing up to 100% of the purchase price when the true appraised value is less than 70%. When possible, the more money a borrower puts down the faster and easier we can finance a transaction. If you want to cross-collateralize, we can also bring on other properties and get you up to 100% of the appraised value. We have multiple options to make your deal work.
Refinance and cash out deals:
Seasoning is not an issue for us. We can cash out up to 70% of the loan-to-value ratio of your property. We have no max cash out amount, meaning we can get you all the from free and clear up to 70% cash out with no problems. If the property is going to experience a serious negative cash flow after cashing equity out we will need a detailed explanation of how you intend to repay the newly acquired hard money debt. In other words, you need to have an exit strategy in place.
Bridge loans and cross collateralization
Sometimes a short term loan is all a MT hard money borrower needs. Our short term financing options allow you to get out of foreclosure FAST or provide the capital needed to sustain an investment property through difficult times. We also offer additional property collateralization, also known as blanket loans.
Raw land / Lot Loans:
We have lot loans available for improved parcels or raw dirt.
Rehab Hard Money:
We have rehab hard money loans available as well. A rehab loan is for borrowers that need to rehabilitate a foreclosure or REO property. On these properties we can provide financing up to 70% of the after-repaired-value (ARV) of the real estate property.
Commercial Transactions:
LV Hard Money also provides commercial hard money loans. Including, construction, acquisition and developement deals.
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