Hard money lending in Idaho offers unique opportunities to take advantage of a real estate market that is ripe for alternative financing options. With hard money in your toolbox, you are a more competitive investor capable of responding more quickly to the most lucrative opportunities that come your way. And here at Actium Partners, we have your back.
It is understood that Idaho is home to several established hard money lenders that cater to investors like you. That being the case, you have options. We invite you to put Actium Partners to the test for your next project. You already know that hard money can be an immense help with your Idaho investments. It’s time for you to learn what we can do for you.
Hard Money’s Key Features
Experienced hard money borrowers are well versed in the key features of this form of alternative lending. But understanding that there are new investors coming on board every day, we feel it is worth briefly touching on each one of those features in this post. So here they are:
- Flexibility – Hard money has flexibility built in. Lenders are capable of being more flexible in terms of underwriting criteria. Flexibility is ideal in an investor ecosystem where things are not always black-and-white.
- Asset Focus – Hard money lending focuses more on asset value than anything else. That’s why what we do is known as asset-based lending. We are interested more in the property you want to acquire than your credit score and history.
- Speed – The most important feature to many of our clients is speed. Hard money lenders are private lenders capable of reaching approval decisions and funding loans faster than traditional lenders.
How quickly can we approve and fund? Speed is determined on a case-by-case basis. We can say that we have been known to approve in a few hours and fund within a day or two. The best example is a loan we approved on a Friday afternoon and had funded by Monday morning.
A Financial Ally in Your Corner
A big reason for utilizing hard money in Idaho is having a financial ally in your corner. Working with traditional lenders comes with a certain amount of uncertainty. There is less uncertainty in hard money. With a solid relationship between you and your lender, you can be more confident about making deals because you don’t have to worry so much about financing.
Hard money loans are also designed to get both parties in and out as quickly as possible. This is to say that hard money loans are exceptionally short term. That is not a bad thing for our clients. Getting in and out quickly affords them the opportunity to close the deals they want, settle things up, and quickly move on to the next deal.
We Have What You Need
Here is what this all boils down to: you need fast and reliable access to capital, and we offer it. You need cash; we have it. Working with Actium Partners gives you a leg up on the competition as you seek to make the most out of the Idaho market. And as we understand it, opportunities in Idaho abound.
Whether you are new to hard money or have plenty of loans under your belt, you may have never worked with us at Actium Partners. Let us change that. Our team is always ready to look at new proposals. So put something together for whatever you’re currently working on and send it over. Perhaps we can work together to help you achieve your goals for the Idaho market.
