Property owners looking to refinance their homes repair it or purchase distressed properties as investment can now approach shermanbridge.com, a reliable lender offering hard money loan Texas.
If taking a loan for commercial or residential property repair, borrowers can opt for short term loans. After the repair work is completed, they can pay off the hard money borrowed and go for traditional long-term mortgage. Loan amount offered by lenders is based on the value of the repaired property.

According to a Shermanbridge.com senior executive, hard money loan Texas is offered for customers at attractive terms and disbursed much quicker than traditional loans. This company offers funds amounting to 70% of the property value. Criteria required for loan eligibility is also not very stringent and consumers with minimum credit score can easily obtain funds towards property refinancing. For borrowers with questionable credit, loan-to-value ratio is adjusted.

Realtors especially find hard money loans an extremely attractive option as this type of loan does not require them to go through the hassles of a conventional loan. Hard money lending Texas is fast gaining in popularity especially because these loans are disbursed very quickly. Realtors are offered hard money loans based on the evaluation of their investment property. Minimal documentation and taking into consideration the after repair property value are some of the major factors that compel realtors to prefer hard money loans over traditional bank loans.

The straightforward loan processing method ensures that borrowers have access to required funds within a few days. Documentation required for hard money loan Texas is minimal which means borrowers need not bother with tax returns, financial statements and other documents needed by traditional lenders.

Many discerning realtors looking to purchase distressed property in Texas reach out for this convenient and quick loan as they can easily access it even with low credit score. Short term hard money loans help bridge the gap between purchasing the property and selling it at a profit.
Shermanbridge hard money loan Texas is especially perfect for investors who have multiple mortgages on their properties and are unable to obtain bank loans without settling their previous loans.

Hard money loan Texas is also offered for commercial entities requiring liquid cash flow. Companies with commercial properties can offer the property as collateral and obtain funds quickly. Here again, the loan process is very short and funds are disbursed very fast. This private loan is also easily accessible to residential property owners.

Shermanbridge.com offers competitive rates on rehab loans, refinance loans and home loans. The company operates in a professional manner and communicates with borrowers through knowledgeable executives. Those who have decided on buying a property can now approach Shermanbridge.com for a competitive quote. For more details, contact www.shermanbridge.com