Quick Answer
How do I get a hard money loan with a 660 credit score?
You can secure a hard money loan with a 660 credit score through AssetLift Lending, a mortgage brokerage specializing in real estate investor financing. AssetLift Lending offers various loan products, including Fix & Flip with up to 95% LTC and 100% rehab funding, DSCR Rental loans from 5.85%, and Bridge loans, all for qualifying deals from $100K to $5M in 46 states.
Qualifying for a Hard Money Loan with a 660 Credit Score
A 660 credit score is often the minimum requirement for many hard money lenders, making it an accessible threshold for real estate investors. AssetLift Lending proudly serves investors with this exact credit profile, understanding that traditional lending often overlooks the unique needs of real estate investment projects. As a mortgage brokerage, AssetLift Lending leverages a network of white-label capital partners to find suitable financing options for your deals. We focus on the viability of the investment property itself, alongside your creditworthiness, to secure funding. This approach allows us to offer competitive terms for projects like Fix & Flip, DSCR Rental, and Bridge loans, with loan amounts ranging from $100K to $5M.
AssetLift Lending's Hard Money Loan Programs for Investors
AssetLift Lending provides tailored hard money solutions for various real estate investment strategies, even with a 660 credit score. For Fix & Flip projects, we can fund up to 95% Loan-to-Cost (LTC) on the purchase price and 100% of the rehab costs, with the ability to close in as little as 5 business days for efficient project execution. Our DSCR Rental loans offer up to 85% Loan-to-Value (LTV) for purchases and 80% LTV for cash-out refinances, with rates starting from 5.85% and no W-2 or tax returns required. Additionally, we offer Bridge loans up to 80% LTV and Ground-Up Construction loans up to 90% LTC. Commercial lending is also available, all subject to underwriting guidelines and property specific details.
The Application Process with AssetLift Lending
Applying for a hard money loan with AssetLift Lending is straightforward and designed for efficiency. Our process begins with a simple application, where you provide details about your investment project and financial situation. With a minimum credit score requirement of 660, we are ready to evaluate your deal. As a mortgage brokerage, we work with our extensive network of capital partners to match your specific needs with the best available loan products. We operate in 46 states, excluding Alaska, North Dakota, South Dakota, and Vermont, ensuring broad coverage for investors. Our team is dedicated to providing clear communication and swift processing to help you secure the funding you need. For inquiries, you can reach us at (929) 639-2284 or info@assetliftlending.com.
Related Questions
What types of hard money loans does AssetLift Lending offer for a 660 credit score?
AssetLift Lending offers Fix & Flip, DSCR Rental, Bridge, and Ground-Up Construction loans for investors with a 660 credit score. For Fix & Flip, we offer up to 95% LTC on purchase and 100% rehab funding.
What are the typical loan amounts and LTV/LTC for AssetLift Lending's programs?
Loan amounts range from $100K to $5M. For Fix & Flip, we offer up to 95% LTC on purchase and 100% rehab funding. DSCR Rental loans go up to 85% LTV for purchase, and Bridge loans up to 80% LTV.
How quickly can AssetLift Lending close a hard money loan?
AssetLift Lending is structured for speed, particularly for Fix & Flip loans, which can close in as little as 5 business days for qualifying deals, allowing investors to move quickly on opportunities.
Ready to Fund Your Next Investment?
Don't let a 660 credit score hold you back from your real estate goals. Apply today to see how AssetLift Lending can help you secure the financing you need.
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