Why Choose LBC Capital?
Experience You Can Count On
We’ve spent years serving Florida clients with dedication and expertise. Our in-depth knowledge of the local market allows us to provide valuable guidance throughout every real estate deal. We’re not just lenders; we’re your strategic partners in residential investments.
Expert Support Throughout the Process
Rely on our hard money lending expertise to simplify your loan application and structuring. Our team will help you shape or improve your exit strategy. We offer personalized service, aligned with your investment goals, giving you the tools to make quick, informed decisions in Florida’s fast-moving market.
Trustworthy Solutions
With LBC Capital, you benefit from expert support in structuring your loan and crafting an exit plan. We tailor our service to your specific needs, helping you stay flexible and well-informed in a constantly changing real estate landscape.
Your Success Is Our Priority
Your success matters to us. We’re committed to building long-lasting relationships based on trust and transparency. Our focus is on supporting your investment goals, creating a partnership that benefits both parties in the long run.
Popularity of Residential Loans in Florida
Many people choose residential loans in Florida due to the state’s booming real estate market. Florida is known for its year-round warm weather, vibrant cities, and appealing tourist destinations, which make it an attractive place to live and invest. The demand for residential properties, both for personal use and investment, continues to grow, offering buyers strong potential for property appreciation. Residential loans provide a way for individuals to secure homes or investment properties in this competitive market.
Another reason for the popularity of residential loans in Florida is the flexibility and variety of loan options available. Whether buyers are looking for fixed-rate or adjustable-rate mortgages, or more specialized loans like hard money or FHA loans, Florida lenders offer numerous choices to suit different financial situations. This flexibility makes it easier for buyers to find a loan that fits their budget, credit score, and long-term goals, making homeownership or property investment more accessible.
Florida’s tax benefits are also a major draw for homebuyers and investors. The state has no income tax, which can make buying property more financially appealing. Additionally, the homestead exemption provides significant property tax relief for primary residences, making owning a home more affordable. These financial advantages, combined with the state’s real estate potential, drive many people to choose residential loans in Florida.
How to Get a Florida Residential Hard Money Loan with Bad Credit?
While credit score and income aren’t the only factors for loan approval, we still need some documents to evaluate your application. These typically include a completed loan form, recent credit report, bank statements, tax returns, and details about the property you plan to buy or refinance. Our loan officers will guide you through gathering everything needed, making the process smooth.
We know every investor’s situation is different. That’s why we provide a dedicated Personal Account Executive and an easy-to-use Online Portal to simplify your financing from start to finish.
Personal Account Executive: Your Main Contact
Once you start the application, you’ll be paired with a Personal Account Executive who will assist you throughout the process. This expert provides:
- Expert Guidance: They offer personalized advice, using their industry knowledge to help you navigate real estate financing.
- Customized Solutions: They work with you to understand your goals, ensuring the loan is the right fit for your project.
- Ongoing Support: Whether you need help with loan options, the application, or strategic advice, your Account Executive is always available by phone or email.
Your Account Executive is dedicated to making the loan process as smooth as possible. They’ll also keep you informed on important deadlines and loan updates. Their goal is to ensure you have the resources and support needed to confidently move forward with your investment.
Online Portal: Simplifying Your Loan Process
Along with the support of your Personal Account Executive, our Online Portal gives you a secure and convenient way to manage your loan application. With 24/7 access, the portal helps make your investment process easy and efficient:
- Track Your Application: See the status of your loan in real time, from start to approval, keeping you updated at every stage.
- Manage Documents: Upload and store important files like financial statements and property details, so they’re always accessible.
- Easy Communication: Stay connected with your Personal Account Executive, check messages, and receive updates through the portal for clear communication.
The portal also allows you to submit additional documentation instantly, speeding up the approval process. You can review loan terms and agreements at your convenience without delays. It’s designed to keep every aspect of your loan organized and easily manageable from one centralized location.
Benefits of Working With a Florida Residential Hard Money Lender
At LBC Capital, we offer flexible and tailored loan programs designed to meet your specific needs. By managing our own funds, we avoid intermediaries and can fund loans quickly. We evaluate various factors like property condition, borrower experience, and profit potential when reviewing applications.
We finance a wide range of property types in Florida, including fix-and-flip projects, single-family homes, and multifamily properties. Our professionals also provide refinancing and cash-out options to support your investment goals. Loan amounts range from $100,000 to $25 million, with rates starting at 8.99%. According to ATTOM Data Solutions, the average gross profit for flipped single-family homes in the U.S. was $67,902 in Q3 of 2021. With an LBC Capital hard money loan, you can take advantage of these profit margins and maximize your return on investment.
We also offer quick loan approvals, often within days, to ensure you can act swiftly in a competitive market. Our terms are flexible, allowing you to structure your loan in a way that aligns with your investment strategy. Additionally, we prioritize transparency throughout the process, so you can feel confident in every step of your real estate financing journey.
Apply today and start your real estate investment journey with confidence. For more insights on investment strategies, financing tips, and market trends, visit our Blog page.