Mortgage / Loan Types
• Private Capital (Soft Money)
• Hard Money
• No income check
• Closings in as little as 72 hours
• Investments- Purchase, Fix and Flips and Fix and Hold
• Renovation Funding
• Ground Up Construction
Let 316 Financial Provide your First, or Next Mortgage
Investment and Other Real Estate Projects
Much of the financing we handle is for investment properties. Investors who wish to purchase, renovate and re-sell property for a profit. Some investors will purchase, renovate the properties and hold on to them, long term as rental income properties. And even some investors that need to buy property and close quickly will use us to secure bridge capital for a short-term immediate need.
316 Financial will evaluate the client’s needs and immediately match the correct capital structure to assist its client and their needs.
What is a Regular Home Mortgage?
A mortgage is one of the most important financial decisions most of us will make in our lives. It is essential to understand what you’re signing when you borrow money to buy your home.
A mortgage is a loan from a bank or other financial institution that helps a borrower purchase a home or any real estate associated reason. The collateral for the mortgage is the property itself. That means if the borrower does not make monthly payments to the lender, and defaults on the loan, the bank can sell the property and recuperate its money.
Why Choose Us for your Mortgage?
At 316 Financial, we get to know you and your specific needs. We can work together (in lots of creative/ virtual ways) to determine how much you should spend on your home, and how to make that affordable for you. A mortgage is not a one size fits all product. It has to be right for you and your budget.