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Can't find the Answer you were looking for?
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5974 page views
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Can you validate if Hard Equity Financing is really a business??????
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5/14/2010 4:16 PM (PST)
Has anyone done any business with Hard Equity Financing? I cannot say anything negative about this business but there are a number of financial companies opening up around the country that are not for real and only collect fees from borrowers. I noticed this company cannot be located in the phone book or at the address with a cross reference. Most places have a local phone number and there is not one for this firm in Miami. I recently had a bad experiance with a company that was out to get commitment fees and the like and generally if a product is too good to be true..you know the rest. Has anyone ever went up to their office to meet them or check with any regulatory agencies? Companies can have their information on the BBB and give you a false sense of security. Who knows anything?
Disenchanted Broker
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5/17/2010 9:46 AM (PST)
Curious George, Although Hard Equity Financing is listed with the BBB they are not an accredited member of the BBB. Their C- rating which is below average, is based on not having enough information to say they are good or bad to work with. As you can see at their report, there is no business start date, licensing information and no complaints on file therefore their rating is accurate.
If you have a complaint, you can file it by clicking View BBB Report above.
Thank you.
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6/8/2010 6:43 AM (PST)
Dear Broker or Investor,
HE Financing is a nationwide private hard money source for financing. Our product is a 5 yr residential or commercial (multi-unit residential will be considered) financing, interest only, no prepayment penalty loan. We specialize in time-sensitive deals and can turn around a loan in 10 - 15 business days.
Lending parameters:
Interest-Only loans
Interest Rates: 9.5% - 14%
Amortization: Interest Only / 360 months
Loan to value: Up to 90%
Origination Fee: 2% taken at closing from loan proceeds
Loan Term: 5 years
Closing times: 12 - 21 days
Loan Size: $50,000 to $50,000,000+
Some Collateral types that we are interested in are:
• Residential • Office Buildings • Commercial • Apartment Buildings •A&D • Hotels / Motels • LAND • Mixed-Use • Investments • Shopping Centers • Rehabs • Warehouses • Construction • Owner-occupied Facilities • Bridge • Marinas • Mezzanine • Auto Repair / Mechanic shops • Income Producing Property • Gas Stations • Second Homes • Multi-Family • Business Financing • Jumbo Starting From $487,000 and Upwards
To help quickly evaluate your scenario, please provide:
1. 1003 or Loan Application.
2. Executive Summary, Use of Funds & Exit Strategy.
3. Guarantors Tri-merge Credit Profile (if available).
4. Appraisal (if available).
Sincerely,
Hard Equity Financing
(888) 759-3828 Toll-Free
(888) 759-3828 eFax
Loans@HardEquityFinancing.com
www.HardEquityFinancing.com
Web Address:
www.HardEquityFinancing.com
Contact Us:
(888) 759-3828
(888) 759-3828 eFax
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