Business Details
33 Years
experience
Trusted Hard Money Loans for Real Estate Investors Nationwide
IGR Mortgage Services has been a trusted provider of hard money loans for real estate investors for over 30 years. Our focus on speed, flexibility, and asset-based lending enables clients to secure funding for time-sensitive opportunities that traditional lenders cannot accommodate. We specialize in short-term bridge loans, multi-family financing, commercial property loans, and construction projects, serving investors nationwide. Our streamlined underwriting process delivers pre-approvals within 24-48 hours and closings in days, not weeks.With loan amounts ranging from $50,000 to $10 million, we cater to diverse property types including mixed-use developments, light industrial spaces, and senior living facilities. Our team prioritizes relationship-based lending, tailoring solutions to meet the unique needs of each borrower while maintaining competitive rates and transparent terms.
Services
Hard Money Loans
Bridge Loans
Multi-Family Loans
Commercial Loans
Construction Loans
Rental Property Loans
Foreclosure Bailout Loans
Land Development Loans
No-Doc Loans
Private Money Loans
Details
- Year established: 1993
Highlights and features
- We offer over 30 years of specialized experience in hard money lending.
- Our team provides pre-approvals within 24-48 hours and rapid loan closings.
- We fund loans from $50,000 to $10 million with flexible documentation requirements.
- Our asset-based lending model prioritizes property value over borrower credit scores.
- We serve diverse property types including commercial, multi-family, and mixed-use developments.
Services
Hard Money Loans
Our hard money loans provide short-term financing secured by real estate equity. Designed for investors needing rapid capital, these loans prioritize property value over borrower credit history. Ideal for fix-and-flip projects, foreclosure opportunities, and commercial acquisitions, our programs offer flexible terms and funding within days.
Bridge Loans
Bridge loans facilitate real estate transactions requiring immediate funding. Perfect for property renovations, credit improvement periods, or interim financing before long-term loans. Our bridge programs offer 6-24 month terms with interest-only payments and balloon structures to maintain cash flow flexibility.
Multi-Family Loans
Specialized financing for multi-family properties with 5+ units. Available for purchases, refinancing, or stabilization projects. Loan amounts from $100,000 to $5 million support investors acquiring or improving residential complexes through asset-based lending solutions.
Commercial Loans
Commercial real estate financing for office buildings, retail spaces, warehouses, and special-use properties. Loan amounts exceeding $5 million support business owners acquiring or refinancing commercial assets. Flexible documentation accommodates non-traditional financial profiles.
Construction Loans
Construction financing for ground-up developments and major renovations. Our programs bridge funding gaps when traditional lenders delay approvals. Available for residential subdivisions, commercial buildings, and mixed-use projects requiring immediate capital for land acquisition and construction starts.
Questions
What are typical interest rates and terms for your hard money loans?
Interest rates range from 9-15% annually with origination points between 2-5%. Loan terms typically last 6 months to 2 years, depending on loan-to-value ratios, borrower experience, and property types.
What property types qualify for financing?
We finance residential investment properties, commercial buildings, multi-family units (5+), mixed-use developments, land parcels, light industrial spaces, and specialty properties like self-storage facilities and senior housing.
What documentation is required for loan approval?
Basic requirements include property details/photos, purchase contracts, proof of funds for down payments, financial statements, and identification. Documentation needs are significantly less than traditional lenders require.
Can I use hard money loans for owner-occupied properties?
Federal regulations restrict hard money loans for owner-occupied residences. Our programs focus exclusively on investment properties and business-purpose real estate transactions.
What credit score and income requirements apply?
While we prefer credit scores above 600, our primary focus remains on property equity and borrower experience. Income verification requirements are significantly more flexible compared to conventional lending standards.
Are there upfront fees for loan processing?
Borrowers typically pay for appraisals and inspections upfront. Most loan costs including origination fees (2-5%), title insurance, and closing expenses are deducted from loan proceeds at closing.
