Hard Money Lenders

MAKING HARD MONEY

FAST AND EASY

GET APPROVED ONLINE WITHIN MINUTES

Our Loan Programs are Tailored to Your Needs

Fast Closing

Traditional mortgages can take several months to close. We can do it in 2 to 4 weeks

Low Rates

Rates start from 7% With no upfront cost and minimal documentation.

We Provide High LTV's

Get up to 75% of the purchase price. And 100% of renovation costs.

GROW YOUR REAL ESTATE BUSINESS TODAY!

Busy Bee Services has been rated among the top Private Hard Money Lenders in the country. Specializing in helping seasoned and beginner real estate investors by providing short-term mortgage solutions to acquire fix and flips, rental properties, rehab, or refinance commercial properties all across the United States.

Eligible Properties for Busy Bee Services

Hard Money Loans

Single Family

1-4 unit non-owner occupied

Multi Family

5+ Units

Mixed Use

Retail plus apartments

Retail

And Restaurants

Single Family

Apartment Buildings

Warehouses

And industrial properties

Churches

And other special use properties

No primary residences

Vacant land, or rural properties.

What Do I Need To Qualify For a Hard Money Loan?
Commercial MortgageThe first thing you’d need to get approved for a Hard Money loan is to have at least 25% to 40% down payment in the case of a purchase, or substantial equity in the property if you’re looking for a cash-out refinance.

The higher the down payment or property equity you have, the more likely you will be approved. We will also look at your credit score and cash reserves. We look at this to assess if you can make payments on time and pay for other costs like taxes, insurance, etc. Last but not least, we will look at the borrower’s experience in real estate.

If this is the first time that the borrower is going to finance investment real estate, he or she might face more scrutiny than a borrower with years of experience in these types of deals.

Working with Fix and Flip lenders like Busy Bee Services is a straightforward process tailored for investors.

Just contact us with the answers to these questions and we will give you a quick estimate:

  1. Property address?
  2. Property type?
  3. If purchase, what is the purchase price and down payment available?
  4. If refinance, what is the estimated value? And what is the amount owed?
  5. Closing under entity (LLC or Inc) or personal name?
  6. Amount of liquid assets available?
  7. How many investment properties have been owned by the borrower in the last 36 months?
  8. What is the estimated credit score?
  9. Is the property generating income?
  10. Rate and term expectations?
 

We Provide Competitive Non-bank Lending Option

We provide competitive non-bank lending options for commercial real estate and residential rental properties.

  • Loan Amount: $100,000 – $50,000,000
  • Terms: 12 months to 30 years
  • LTV: up to 75%
  • Amortization:  Up to 30 years
  • Interest Rate: Starting at 7%
  • Foreign nationals qualify
  • Low Credit and tax issues: are not a problem
  • Payments: Interest-only monthly payments, or fully amortized periods
  • Closing time: 2 to 4 Weeks
  • Rehab Costs: Up 100%
  • Lien position: First only
  • States Available: All 50 U.S. States

How Does A Hard Money Loan Work?

A hard money loan works as an asset-based loan, meaning that while hard money lenders take into consideration the investor’s credit score, this is not a crucial factor in determining his or her eligibility. Instead, lenders require that you use real estate property as collateral.

They use the price of the property to calculate the risk of the loan and the Loan to Value (LTV). On the other hand, real estate developers, investors, and flippers use hard money to get the required funds to close time-sensitive deals where they can get a property at a low price, flip (fix) it, raise the value of the property and then sell or rent at a profit.

The main reason real estate investors choose to apply for a hard money loan is that private lenders can fund the deal within a week–or less if the borrower meets all the qualifications.

HML’s work great on short-term flips and rehabs, or for first-time purchases, yet on longer-term investments, HML’s are not the best idea.

Hard money loans also work similarly to bridge loans. They both have similar criteria for lending. Bridge loans are solely for buying real estate properties or investment properties that don’t qualify for traditional lending programs. A bridge loan can also be used as a down payment for a new home when the buyer hasn’t sold their current house yet.

Bridge loans can be issued by traditional and private lenders, and HMLs are only issued by private lenders, like Busy Bee Services.

We Can Custom-Structure Your Loan To Best Fit Your Needs.
True Professionals Who Realize Your Success Is Our Success

Busy Bee Services, A Hard Money Lender That Will Work For You

Busy Bee Services is a private mortgage lender specialized in hard money loans for fixing and flipping houses.  We provide competitive non-bank lending options for commercial real estate and residential rental properties.

We make Commercial Real Estate transactions happen smoothly. Our comprehensive lineup of commercial real estate loans offers solutions for self-employed borrowers that are thinking about purchasing a building, getting working capital through the equity on a property, or refinance their present commercial mortgage. 

We lend across all 50 states with private loans that range from $100,000 to $50,000,000 on all types of real estate properties. New investors are always welcomed, learn how to finance a house flip by calling us

If you have a 20% to 40 percent down payment available, and a 550 or higher credit score, then you need to contact and speak with one of our finance professionals today.

Our underwriting process is fast. We can close and fund deals in as little as two to four weeks.

If you are interested in residential real estate investment properties, either by flipping and fixing houses, buying properties, and renting them, or cash-out refinance on a non-owner-occupied property, we offer a variety of solutions for you.

Our approvals are easy to secure, and our closings are quick.  To obtain a letter of intent (LOI) or term sheet we just need a handful of documents, call us today for more information.

Partner with Busy Bee Services and Close More Deals

– Commercial Mortgage Broker
Earn more commission by helping your clients get access to our direct private funding.  Your clients will be in good hands working with one of the best hard money lenders in the nation.

– Real Estate Agents
When banks say no, we say yes! Help your clients close on their real estate investments faster.

– Affiliate Partners
Refer deals to Busy Bee Services and increase your monthly income by offering non-owner occupied and commercial real estate loans
Become a Partner Today!

– Broker’s FAQs on Hard Money Loans?
Q. How do brokers get paid?
A. Our brokers get paid a percentage based on the total loan amount that gets funded on a loan they referred to us. To learn more about our Broker Referral program, please visit our Broker Partners Page or call our office.

Funding Form $10,000 To
$5,000,000 in as fast as 24 hours.

Apply Now