Hard Money Lender in Coral Springs, FL
Rates Starting at 10%
West Forest Capital is a hard money lender serving Coral Springs, providing financing solutions for real estate projects up to $3 million. We have become recognized as one of the fastest hard money lenders in Coral Springs by delivering timely, efficient, and tailored funding for real estate investors. Our team understands the pace of Coral Springs’ market and works to ensure that investors can act decisively, seize opportunities, and complete their projects without being delayed by the slower timelines associated with traditional lending institutions.
- We are a direct lender, not a broker
- Same day pre-approval
- Funding in 3-5 days, although 1 day is possible
- Loan amounts up to $5 million
The Trust We've Earned
Property Types
- Multi-family
- Single-family Investment Properties
- Condominiums
- Apartments
- Co-ops
- Retail
- Small Office Buildings
- Industrial & Warehouse
- Duplex
- Triplex
- Quadplex
- Mixed-Use
Lending Parameters
| Loan Size | $100,000 to $5,000,000 |
| LTC | Up to 80% of purchase price |
| Rehab Funding | 100% |
| LTV | Up to 70% of the ARV |
| Term | Standard is 12 months. 24-36 months is available |
| Lien | First lien; second lien as additional collateral only |
| Interest Rate | 10%–12.5% |
| Points | 1.5–2% of the loan amount |
Areas Covered
West Forest Capital lends in the following counties and locations near Coral Springs:
- Broward County
- Palm Beach County
- Miami-Dade County
- Collier County
- Hendry County
- Lee County
- Martin County
- Monroe County
- St. Lucie County
- Sarasota County
Recently Funded Hard Money Loans
Jersey City, NJ
Newark, NJ
Elizabeth, NJ
Why Use a Hard Money Loan
- If you need funding fast. In competitive real estate markets, timing is crucial, and conventional banks often take far too long to approve loans. West Forest Capital offers same day hard money loan approvals and can provide funding within three to five days. For investors in urgent situations, we can even release funds within a single day, ensuring that opportunities are not missed.
- If the property isn’t stabilized. Some properties present challenges that make banks hesitant to provide financing. These can include homes requiring significant rehabilitation, properties lacking proper occupancy certification, or rentals without a long-standing history. West Forest Capital specializes in funding such properties, offering solutions where traditional lenders may be unwilling to take the risk.
- If you have poor credit. Everyone encounters financial challenges at times. West Forest Capital focuses less on credit history and more on the property’s value and your plan for repayment. This method allows investors with imperfect credit to access the funding necessary for strategic real estate acquisitions and projects.
- If you don’t want to take a loan in your personal name. Many banks insist that property ownership and loans remain in the borrower’s personal name, creating limitations for investors. West Forest Capital supports loans through LLCs and corporate entities, helping property owners maintain liability protection while still accessing the capital they need.
Why Choose A Coral Springs Hard Money Lender
We are a Coral Springs hard money lender serving South Florida with a strong emphasis on Broward County and nearby markets. While our primary focus is on this region, we also make hard money loans in other areas of Florida on a case by case basis, depending on the nature of the investment and overall opportunity.
In Coral Springs and the surrounding areas, we are known for providing fast service and competitive hard money rates to real estate investors. South Florida continues to experience steady growth, and in such a competitive environment, securing funding quickly can make all the difference. Our objective is to help ensure your real estate projects are funded efficiently so you can act with confidence. If you are looking for a hard money loan in Coral Springs or nearby communities, we are ready to assist.
Financing your Coral Springs Investment Property
Coral Springs is part of one of the fastest growing states in the country, supported by continued population growth and economic diversification across South Florida. Florida’s size contributes to substantial variation between urban areas and suburban communities. South Florida has historically attracted international business, tourism, and a diverse workforce, making it one of the most active real estate markets in the state.
In recent years, growth has expanded into suburban markets like Coral Springs, where business development and residential demand continue to increase. These trends have created valuable opportunities for fix and flip projects, along with higher rental demand for single family homes, condominiums, and multi family properties throughout the region.
To secure deals in the Coral Springs market, investors must either focus on value-add properties or act quickly when presenting offers. In both cases, our Coral Springs hard money loan program is an ideal solution, providing fast access to capital that helps investors stay competitive.
Asset-backed Lender Focused on Customized Solutions
Our expertise focuses on providing hard money loans for real estate investment properties in Coral Springs and the surrounding South Florida markets. With a deep understanding of this area, West Forest Capital is able to structure creative and flexible financing solutions that meet the needs of local investors. We fund loans directly, which eliminates red tape and speeds up the approval process. Since our lending is asset based, properties acquired below market value may qualify for financing that covers up to 100 percent of the purchase and rehabilitation costs. We also offer cash out refinancing to help investors access equity when needed.
Alongside our standard one year loan option, West Forest Capital offers the longest hard money loan term available, extending up to three years. This longer term is ideal for Coral Springs investors who need additional time to stabilize properties, complete renovations, or improve rental performance.
Reach out to us to discuss your Coral Springs investment scenario. Our team will provide immediate feedback on loan to value and interest rate so you can move forward with confidence.
Frequently Asked Questions about Coral Springs Hard Money Loans:
Purchasing a rental property with a hard money loan often raises important questions, and we have provided detailed answers below to help guide you.
What are hard money lenders?
Hard money lending is an alternative form of financing designed to help real estate investors complete property purchases or execute cash out refinancing transactions. The loan is secured by the property itself and funded by private lenders who base their approval largely on the property’s value and investment potential.
Bank loans typically require borrowers to meet strict credit and income standards, including minimum credit scores, detailed credit histories, and specific debt to income ratios. Hard money lenders focus instead on the underlying asset. If the borrower fails to repay the loan, the lender can recover their investment through foreclosure. These loans can be used to acquire both residential and commercial properties.
How Do Hard Money Loans Work?
Traditional bank loans and hard money loans serve very different purposes in real estate investing. Hard money loans are usually short-term financing arrangements designed for investors who need to close deals quickly when timing plays a critical role in securing a property.
Hard money lenders can approve and fund loans far more rapidly than conventional banks. Investors often receive the capital they need within days, which allows them to move forward confidently in competitive bidding situations. Because of this speed and reliability, sellers frequently view hard money backed offers as strong and dependable, similar to cash offers.
In contrast, conventional financing can involve long waiting periods while documents are gathered, reviewed, and approved through multiple channels. Even after extensive delays, loans may still be denied shortly before closing. Hard money lending avoids these pitfalls by offering fast approvals, issuing commitment letters early, and funding loans within approximately two weeks.
Since hard money programs are asset based, loan terms are typically shorter than those offered by banks. Many lenders also provide flexibility by allowing early repayment without penalties, giving investors greater control over their investment timelines.
What do hard money lenders look for?
Borrower credit history, credit score, and access to liquid funds are considered as part of the approval process for a hard money loan. However, these details do not carry the same importance as the asset value of the property securing the loan. Experience in real estate investing is viewed favorably but is not a prerequisite for funding.
What lenders require above all else is a dependable execution plan. Whether the borrower plans to renovate and sell, refinance, or complete another type of transaction, the lender must be confident in the borrower’s ability to successfully repay the loan.
What is hard money used for?
Hard money loans are versatile financing tools, though they are most commonly used for purchasing properties when rapid funding is required. Often referred to as bridge loans, they help investors transition from acquisition to stabilization, whether that involves renovations, tenant placement, or selling the property. This approach allows borrowers to move forward without delays that could cost them valuable opportunities.
Private money lenders like West Forest Capital frequently support real estate investors and developers whose projects do not meet traditional lending standards. In Coral Springs, FL, hard money lenders often work with investors purchasing properties that need extensive updates or structural improvements. These fix and flip loans provide the speed and flexibility necessary to act on properties that banks are unwilling to finance. As a result, many Coral Springs investors rely on hard money lending to fund projects that require quick execution.
Is a down payment required?
Hard money lenders generally require a down payment, although the required amount can vary based on several factors. Unlike conventional mortgage lenders, hard money lenders want borrowers to have financial involvement from the outset of the deal. This upfront investment helps reduce overall risk and signals that the borrower is committed to completing the project successfully. The down payment is often influenced by the property’s condition, the estimated value, and the borrower’s background and experience with similar properties.