Gold Quest Group, LLC

A borrower might consider using a hard money / private money loan in situations where he or she is willing to pay a higher interest rate and/or higher origination fees in the interest of gaining access to capital more quickly, dealing with less bureaucracy and more transparency during the application process, and finding capital to pursue an opportunity that banks will not finance, either because they are unwilling or unable to do so

Commercial Property Non-Owner Occupy Property Multi-Family Unit Development of Property Vacation Home

You may still qualify for a home loan even if you have a prior bankruptcy. The best way to find out if you can qualify for a home loan after a bankruptcy is to meet with a loan officer and discuss your options. Be sure to bring all paperwork regarding your past bankruptcy so that your loan officer can match you with the best lenders to meet your needs.

There is no simple formula to determine the type of mortgage that is best for you. This choice depends on a number of factors, including your current financial picture and how long you intend to keep your house. We can help you evaluate your choices and help you make the most appropriate decision. Contact 713-621-6466 for a loan request.

Yes! There are loan programs available for self-employed borrowers to borrow up to 100% of the home value. Options are also available for borrowers with no income verification.

Yes, a mortgage can be obtained by people with all kinds of credit (Excellent, Great, Average, Below Average, and Poor Credit). Obviously, the rates will increase slightly as credit score get a little lower but a mortgage can still be obtained. Also, with a lower credit score you may be limited to a few less mortgage loan programs than you would with excellent credit. Sometimes compensating factors such as a lot of money put away in checking or savings accounts, 401k’s, investments, etc…, good job time, low LTV (loan to value), low DTI’s (debt to income ratios), and lower terms (15 year instead of a 30 year) may help to compensate somewhat for a lower credit score and qualify you for a little better rate. If not, we can try to boost you credit score.

Save money. A common reason for refinancing is to save money on interest costs. To do so, you typically need to refinance into a loan with an interest rate that is lower than your existing rate. Especially with long-term loans and large dollar amounts, lowering the interest rate can result in significant savings.

60 to 90 days. Another factor is how long it takes you to gather all of the paperwork proving your financial status. Beyond that, the amount of time it takes to finalize an SBA loan largely depends on the lender's timeline. Expect the process to take a minimum of 60 to 90 days.

We offer the Permanent Rehab Mortgage, also known as the FHA 203, which is for Long-term investors who want to renovate a property and then hold it as a rental. We also have Hard Money Rehab Loan, which is for investors who want to fix-and-flip a property quickly without traditional qualifications

Hard money lenders differ from bank lenders in that they often fund more quickly, with fewer requirements. Hard money lenders are sometimes called “asset-based lenders” because they focus mostly on the collateral for the loan, whereas banks require both strong collateral and usually excellent credit and cash flow from the borrower.