A private loan or hard money loan is a loan that is funded by a private individual or company. At FlexPoint, Inc, we specialize in providing borrowers with immediate funding of equity-based private loans. We have years of experience in providing Private Money loans to individuals who may not qualify for a Conventional Loan.

Advantages of a Private Money Loan

• No prepayment penalties
• No income requirement
• No minimum FICO scores
• Minimal paperwork
• History of bad credit, bankruptcy, foreclosure Ok
• Foreign Nationals Ok
• Fast funding
• Asset-based
• Shorter term loans

Qualification Requirements:

• Market Value
• Borrower Credit
• Borrower Equity
• Additional Collateral available
• Lien Priority