It is not unusual for Idaho hard money lenders to write loans for investors looking to add residential properties to their portfolios. As a result, consumers might be led to believe that a hard money lender is also a state-licensed mortgage lender or broker. That is not the case. Hard money lending and traditional mortgage […]
One criticism often leveled against hard money and bridge loans is the short terms for which they are known. The loans typically have terms of 6-12 months. Rare is the loan that exceeds 24 months. This is seen as a negative for borrowers. But there are advantages in the short terms, especially to real estate […]
Utah bridge loans are one of our specialties here at Actium Lending. We offer the short-term loans to cover a variety of needs, including real estate transactions and business expansion. Our clients appreciate our fast and streamlined service that requires minimal paperwork and absolutely no hoops to jump through. But to get you approved, we […]
The speed at which private lenders work is one of the advantages of hard money and bridge funding. Thanks to our streamlined underwriting requirements, we private lenders can get to closing more quickly. And on more than one occasion, Actium Lending has helped borrowers mitigate potentially costly situations through the speed at which we do […]
Bridge loans and real estate go together like baseball and hot dogs. They are a popular financing option among investors and businesses needing quick access to capital on a short-term basis. A bridge loan from a firm like Actium Partners opens the door to opportunities that are just not available through traditional funding. A bridge […]
Hard money lenders are known for some key things. We work quickly, we tend to favor streamlined approval and underwriting processes, and we will undertake loans that traditional lenders will not touch. But there is more to hard money than meets the eye. Dig a little deeper and you discover there are even more reasons […]
We have the opportunity to work with a lot of first-time investors, particularly in states like Idaho where real estate investing is especially popular. How about you? Are you a first-time investor looking to get your hands on that first piece of commercial property? If so, we want you to know that your choice of […]
The terms ‘hard money‘ and ‘bridge loans‘ are pretty common to our industry. In fact, hard money loans and bridge loans are often seen as the same thing by our clients. For our purposes as a lender, they are pretty much the same. But when you get right down to the strictest dictionary definitions, the […]
It is often said that success in real estate depends heavily on picking the right market. If that is the case, Utah is certainly a market that investors have found profitable over the last decade or so. But from where we stand, picking the right market is only half the equation. The other half is […]
A hallmark of the hard money industry is speed. Hard money lenders can get from application to approval to funding in a matter of days. Here at Actium, we have been known to approve and fund loans in as little as one business day – when necessary. We know; that’s fast. Given that fast funding […]