How to Get a Real Estate Loan When You Have Bad Credit

How to Get a Real Estate Loan When You Have Bad Credit
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Oregon Hard Money Lenders Offer Fast, Simple Loan Solutions

If you have less-than-perfect credit, investing in real estate might seem elusive.

You’re not alone. Millions of Americans struggle with poor credit and access to financing.

It doesn’t have to mean that real estate – viewed as a solid investment option – is beyond your grasp.

When traditional lending sources say “no” due to bad credit, Oregon hard money lenders offer a financing alternative.

How Bad Credit Loans Work

The combination of credit score, income and property condition required by traditional lenders keeps many investors from getting the financing they need to build a future.

Hard money lenders understand that not every bad credit score equals a bad risk. Hard money loans are individually negotiated and based on collateral. The online application process is quick and convenient, and cash is typically in-hand within 1-2 weeks.

When should you consider applying for a hard money loan (also called a private money loan)?

  • If you have less-than-perfect credit
  • If you own properties and have available equity
  • If you need fast cash for property purchase, repairs or upgrades
  • If traditional lenders have said no
  • If you have existing financing but need additional funds

Many successful real estate investors and business owners turn to non-traditional private money sources to meet their financial needs quickly and easily.

With thoughtful planning and the help of an Oregon hard money loan, you can build your credit score and investment portfolio.

Get a Fast Loan from Our Hard Money Lenders in Oregon

At Gregory M. Russell, we lend to investors throughout Oregon. We enjoy working with clients to help them meet their financial and investment goals. With over 30 years lending experience in the Northwest, we have a keen understanding of the region’s market, and bring that expertise to each client partnership. Complete our easy online application, or call us at 1-888-477-0444 to learn more about our hard money loan services. Bad credit is not a concern. We’re fast, friendly and here to help.

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