100% LTV & 1031 Exchange*
Hard Money
(Tax deferred)
1% Loan Fee Only (When funded on our platform)
We offer many different loan programs.
About Us
Your Preferred LenderYoonimoni is an expert in both Residential and Commercial real estate lending through its vast networks of investors and funding sources. Our experience, readiness, flexibility, and capability to meet your needs makes us your preferred lender.
When you contact Yoonimoni, your requests and needs will be carefully listened to, and reviewed by industry expert with years of experiences and best possible solution will be presented to you.
Available Properties to Invest
Most Common Questions
Q - What is hard money?
Hard money is a type of capital that exists outside of traditional lending systems such as banks, credit unions and other institutional lenders. Hard money funding comes from private investors and individuals. It is also known as private money.
Q - What is a hard money loan?
A hard money loan is a type of loan that is secured by real property. Hard money loans have terms that are based mainly on the value of the property being used as collateral, not on the credit worthiness of the borrower.
Q - What are the benefits to a hard money loan?
- The application process is quick and easy compared to a bank loan
- Hard money loans have far fewer requirements and necessary documentation compared with bank loans
- Hard money loans can be funded very quickly, usually within 5-10 days
- Purchase offers that include hard money financing are often considered a stronger offer compared to conventional bank financing
- Hard money financing may allow the buyer to negotiate a better purchase price
- A borrower can still obtain hard money financing even if they have issues such as low credit scores, insufficient income history, recent short, sales, foreclosures or bankruptcies
- Quickly pulling out equity out of an existing property in order to reinvest capital elsewhere
- A borrower can obtain hard money financing once they have hit a limit on loans from conventional lenders
Q - Who are hard money lenders?
A hard money lender (private money lender) is a mortgage broker who acts as the intermediary between the borrower and the investor. The hard money lender is responsible for bringing the parties together to agree on terms, completing the loan documentation and servicing the loan. In some cases the hard money lender is an investor providing the capital to the borrower through a fund managed by the lender.
Q - What are the interest rates?
The interest rate depends on the location and circumstances of the property.