Jun 21, 2017 | How Hard Money Works
If you’re seeking a loan from us that includes any construction draws, you will need to acquire a builder’s risk policy. This typically covers the loan amount. If you’re refinancing through WCP with no intention of undergoing any renovations, then a simple homeowner’s...
Jun 21, 2017 | How Hard Money Works
The key to fast draws is providing our inspector access to the property. If the property is on a lockbox and our inspector has immediate access, the draw can be processed ASAP. Need more info? Click the blue icon on the bottom right of your screen to Live...
Jun 21, 2017 | How Hard Money Works
WCP typically uses ACH transfers to send the funds to our clients, as there are no associated fees. We can also use bank wires at the request of our clients. Need more info? Click the blue icon on the bottom right of your screen to Live Chat!
Jun 21, 2017 | How Hard Money Works
Yes, WCP will perform a credit check after receiving a loan application (we will never pull your credit without your authorization). While we do require a credit check, we take into account multiple other factors when creating a full borrower profile, so don’t...
Jun 21, 2017 | How Hard Money Works
Yes, WCP requires a credit score of at least 600. Need more info? Click the blue icon on the bottom right of your screen to Live Chat!
