Welcome to ICS Loan Trust the nations premiere lender for hard money loans nationwide. We're a direct lender and offer low competitive rates for hard money loans. We offer a proof funds letter! _____________________________________
Get access to some of the most competitive rates and terms in the hard money lenders industry to help you grow your investment.
We help you outpace your competitors by getting you a proof of funds letter and to closing within 10 days.
With almost 30 years of industry experience, we give you the confidence and the capital to grow your business fast.
Hard money can be used for various kinds of real estate investment properties, which range from commercial properties to residential properties. Typically real estate investors who reach out to us us are looking for a hard money loan for single family home. Many are doing a fix and flip, or they’re purchasing the property to hold it long term and lease it out. Investors who want to fix and flip normally find a property in poor condition, purchase it below market value, rehab the property, and then resell it so as to create a profit. Most fix and flip projects are done in 3-12 months. Real estate investors who purchase rental properties with a long term strategy, typically buy it and maintain it. Irrespective of your purpose – we can give you funding. We finance all types of residential real estate investment properties. Many real estate investors come to us because they would like to create multiple sources of passive wealth. Some real estate investors use a hard money loan to buy the property and then use a traditional mortgage to repay the hard money loan. Regardless of what your purpose is, we can provide you funding for your next loan.
The big difference between banks and hard money lenders is the fact hard money lenders are asset based lenders. They almost entirely revolve their decision based on on the collateral associated with the debt. While, traditional banks focus on the borrowers credit and cash in hand. It is critical to remember hard money loans are not great for the long run. The objective of a hard money loan is to be a short term loan that which helps you get the investment property you are trying to purchase. Hard money lenders focus on short term loans that generate a significant ROI. If you are unable to repay the loan you took, then the hard money lender can take possession of your property to be able to repay his/her loan.