Borrowers should be wary of predatory lenders, those who make personal loans that a borrower cannot hope to pay back due to onerous terms and rates. This is why it is so important to find professional and legitimate bad credit lenders.
More On Arkansas Bad Credit Personal Loans
1.vBrookview Financial, Inc.| Arkansas Bad Credit Personal Loan
As the nation's premier national rehab lender, and more recently through the Brookview Finance Club, we provide reliable funds and real estate education to real estate investors in most states throughout the country. Established in 1992 to focus on alternative investments, Brookview has provided thousands of rehab loans to real estate investors for the purchase and renovation of distressed properties in need of acquisition and rehab funding.
We are a private lender providing short-term real estate secured loans to rehabbers who depend on Brookview's "quick-close" private money and our exceptional customer service. Brookview is not a strict hard money lender or hard equity lender. Brookview is in a category of specialty rehab lenders and is a direct private mortgage lender with a rehab loan program specifically designed for qualified rehab investors.
The determination and integrity of our rehab investors, coupled with the strength of the private capital we provide as a direct lender, achieve a shared and ultimate goal of revitalizing communities, encouraging home ownership and increasing the supply of affordable housing nationwide. We invite those who qualify for our rehab loans to join us in this endeavor.
Phone: (203) 230-8500
2. Commercial Funding Unlimited | Arkansas Bad Credit Loan Personal
We make loans to any size businesses with a variety of commercial loans instruments to 100MM, including loans from 25K-150K with unsecured lines of credit. If you're considering investing in commercial properties, you'll need 20% down in cash or equity in today's economic climate. Anybody that tells you different and asks for a big upfront fee, just "Say No". We do not charge any upfront fees for commercial loans.
Feel free to ask for our fliers that describe our different loans which include, multifamily, franchises, SBA, medical, convenience stores, unsecured lines of credit for small businesses, cash advances on merchant accounts, hard money loans, and much more. When considering a hard money loan for residential investment properties, you need to be prepared to have some cash reserves to service the loan should an emergency arise. If you're looking for cash out and or refinance loans, we have those too.
Finding credible lenders for "hard money" loans is difficult, as some economic forecasts say housing prices will continue to drop in certain sections of the country this year, therefore, our lenders look at each deal on a case by case basis. We have excellent options for rehab specialist, as well all real estate buyers/investors and will be happy to discuss your particular needs.
Typical lending times run from 15 to 30 days after approval, which means all your paperwork has been reviewed and you've met the contingencies required by underwriting. Ask me for our written "Guidelines"
Contact: John Young
Phone: (503) 890-7511
Arkansas bad credit personal loans can be made in the following counties: Arkansas, Ashley, Baxter, Benton, Boone, Bradley, Calhoun, Carroll, Chicot, Clark, Clay, Cleburne, Cleveland, Columbia, Conway, Craighead, Crawford, Crittenden, Cross, Dallas, Desha, Drew, Faulkner, Franklin, Fulton, Garland, Grant, Greene, Hempstead, Hot Spring, Howard, Independence, Izard, Jackson, Jefferson, Johnson, Lafayette, Lawrence, Lee, Lincoln, Little River, Logan, Lonoke, Madison, Marion, Miller, Mississippi, Monroe, Montgomery, Nevada, Newton, Ouachita, Perry, Phillips, Pike, Poinsett, Polk, Pope, Prairie, Pulaski, Randolph, St. Francis, Saline, Scott, Searcy, Sebastian, Sevier, Sharp, Stone, Union, Van Buren, Washington, White, Woodruff and Yell. Little Rock may also be elegible for a hard money loan as well.