Hard Money Loans In Fort Lauderdale
Fort Lauderdale Florida Real Estate Report Card
The Fort Lauderdale Real Estate Report Card shows your potential customer or Realtor the health of their local market with the Real Estate Report Card. The badges at the top of the report show you where the market’s different metrics rank vs the rest of the country. This will allow you to sell the strengths of that market.
Our new Real Estate Report Card includes even more accurate forecasts and data for more than triple the amount of markets. Included is the Affordability Index, Median Home Price, Historical Appreciation, Forecasted Appreciation, Total Employment, Median Household Income, and the Unemployment Rate. These metrics will allow you to demonstrate and quantify the opportunity in home ownership.
Loan Trust is the premiere lender for hard money loans in Fort Lauderdale for real estate investments. We have many loan programs that are designed to meet the needs of real estate investors in any economy.
What’s hard money loan?
Loan Trust hard money loan is a loan given to a borrower which is based on the worth of the underlying asset that is collateralized. Traditional banks and lenders focus mainly on income and the credit of the borrower where asset based lenders aka hard money lenders focus mainly on the worth of the asset used as collateral for the loan. Where conventional loans are usually for 15–20 year durations, hard money loans are used as a short term alternative (1–5 years commonly) as a bridge to acquire a rehab, or stabilize a commercial, retail, office, industrial, multi–family, or single family residential dwelling.
Fort Lauderdale History & Demographics
Fort Lauderdale is a city on Florida’s southeastern coast, known for its beaches and boating canals. The Strip is a promenade running along oceanside highway A1A. It’s lined with upscale outdoor restaurants, bars, boutiques and luxury hotels. Other attractions include the International Swimming Hall of Fame, with pools and a museum of memorabilia, and Hugh Taylor Birch State Park, featuring trails and a lagoon.
Fort Lauderdale Demographics
According to the most recent ACS, the racial composition of Fort Lauderdalewas:
- White: 61.18%
- Black or African American: 32.20%
- Other race: 2.51%
- Two or more races: 2.09%
- Asian: 1.64%
- Native American: 0.31%
- Native Hawaiian or Pacific Islander: 0.08%