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Hard money loan programs

Foreclosure Bailout Loans

Do you need help stopping a foreclosure? Is the time on your clock running out? Don't delay! Call today! 1-866-358-2898 or use our quick mortgage application for a super fast response. The fact is, Hallmark Mortgage Services is a Florida mortgage company with over 15 years of mortgage and real estate experience. We specialize exclusively in Florida mortgage programs, working with over 100 Florida mortgage lenders. As a result, we may be able to assist you with a foreclosure bailout loan using one of the many Florida hard money lenders we work with or using funding from one of the many Florida private money investors we work with.

Hard money loans, also known as foreclosure bailout programs, are a super special category of loans that are designed for homeowners and home buyers alike who have had significant recent credit damage, but have now resolved their financial difficulties. These loans are best suited for Florida clients who require super fast funding for purposes like rescuing a home that is in the process of being foreclosed on. These Florida loans are very high risk to the borrowers. We only recommend them as a short term solution, and only for those Florida home loan clients who are not able to qualify for a traditional bad credit mortgage, or conventional loan. For more information, and more help, call today at 1-866-358-2898 or just complete our quick mortgage application!

Traditionally, the Florida hard money loan programs do not require an appraisals or credit check. Further, the documentation requirements are kept to the bare minimum or can be fully waived. This is because your loan approval is based upon the property itself, which will almost always require inspection. The Florida foreclosure bailout loan programs can offer up to a 65% TLTV. TLTV is nothing more than total loan to value. Our private mortgage money for Florida properties can reach a TLTV of up to 70%. The interest rate and program options vary for both funding sources. A typical homeowner or home buyer utilizing this type of funding can potentially receive a 9.9% adjustable rate mortgage, in some instances we can assist you with attaining a fixed rate mortgage, and in other circumstances may be able to offer an interest only mortgage option.

Call Hallmark Mortgage Services today! 1-866-358-2898 or use our quick mortgage application to inquire with us. The cold hard truth is, you don't have nearly the amount of time you think you have in Florida when it comes to foreclosure. Call today! Our trained loan professionals are standing by to help you fast forward right out of your difficult situation.

 

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