Hard Money and Private Mortgages
at Block Private Funding

Block Private Funding (BPF) is an expert in private
and hard money mortgages. We will walk you through
some of the key guidelines for this loan product.

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Common Sense Mortgage Lending

Block Private Funding is an experienced team of savvy loan originators and real investors. We understand the urgency in getting your deal done. Whether you are a broker or borrower; if your mortgage real estate transaction makes sense, we’ll do it fast and easy. Our investor funds in days, not months.

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Our rate quotes come back fast, but if you need a faster quote give us a call at 212-933-0157

What is a Hard Money Loan?

A hard money loan is typically a short-term, non-conforming loan that does not come from traditional lenders, but rather individuals or private lending companies that accept an asset or property as collateral. Borrowers frequently turn to hard money loans after a mortgage application or loan is denied, or to simply avoid the lengthy process of getting approved for a conventional mortgage.

Counter to traditional mortgages or other types of secured financing, hard money loans come with a fast and often less stringent approval process. This makes hard money loans ideal if you need to make a purchase or refinance happen very quickly. With a conventional mortgage, it frequently takes a few months, from application to closing. With a hard money loan, it’s possible to close in a few days!

Hard Money Lenders: What to Know About Working with Block Private Funding

Small hard money lenders are typically private investors or companies that exclusively deal in this type of lending. You will not find a hard money loan options at your local bank. Hard money lending isn’t subject to the same regulations that conforming, traditional lenders are. This means our investors are free to make their own rules about what debt to income or credit scores they expect their borrowers to have. It’s certainly possible to find a hard money lender that will give you a loan even if you’ve been denied by most conventional lenders. For most hard money lenders, the crucial factor isn’t a borrower’s creditworthiness, but rather the value of the collateral being purchased or refinanced.

Unlike most institutional lenders and underwriting, Block Private Lending’s decisions are based on the merits of each transaction as well as the benefit to your borrower.

With Block Private Funding, you can expect:

  1. Fast-tracked review of your loan scenario
  2. Quick loan applications, document requests, and underwriting process
  3. Fundings take place in as little as 7 days
  4. You get another grateful customer!

Need Help? Ask us.

Are you new to using a private lender? Ask us how it works. Learn how to close more deals with this option. Do you have a particularly challenging or unusual real estate transaction that institutional lenders can’t do? Ask us to review it.

We’re a quick call or email away. We think you’ll love our common-sense approach to lending. Call now: 212-933-0157

Funding Loans Others Won't

Private funding allows us to move faster and be more flexible than institutional lenders.

  • Broker submissions are welcome
  • Same-day approvals frequently issued
  • Common-sense underwriting
  • 7-day closings!

Our investors boast broad, flexible lending guidelines:

  • Loan amount from $500,000-$40 million
  • 1st, 2nd, 3rd, and 4th Trust Deeds
  • Single Family, Commercial, Multi-family, Land, and Industrial
  • Loan-to-Value up to 70%-80% (deal specific)

We provide more loan options to help you close more deals each month. Say, “you’re approved” more with Block Private Funding.

  • Rate and Term Refinance
  • Purchase Money Loans
  • Cash-Out Refinance
  • Owner-occupied Consumer or Business Purpose (applicable in certain states only)
  • Non-owner-occupied consumer or business purpose
  • Construction – fix and flip, ground up, fix and occupy loans, and value-add

If you need financing for a real estate transaction, regardless of the uniqueness or complexity, let us take a look.

What our customers say

Thousands have already used BFR to get a mortgage

Of all the professionalism I used throughout the home buying process, Block Financial was by far the easiest to work with. I wouldn't hesitate to use them again in the future and highly recommend! - Trisa T., NY

We've worked with other banks and brokers in the past, and Sean definitely stands out as a great resource and dedicated broker. He saved us money and got us to the finish line on time. Highly recommended. - Rosie K., Brooklyn, NY

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