Anyone know of a nationwide hard money lender (need funds to buy and rehab a property)?

I am looking for a lender that will lend about 65% of the after rehab market value to someone with a credit score of about 600.

Example: After rehab value is 100,000. I buy the house for 40,000 and need $20,000 of rehab. I get a loan for 65% of the $100,000 value. I get $40,000 to pay off the seller, the lender charges me $5,000 for closing, and holds on to $20,000 in escrow for the rehab...which they pay out on a periodic basis directly to the contractor as project advences.
The loan is good for about a year.

A follow up question is: I also need to know the lenders that do not care about funding a loan for my end buyer even though, I only owned the house for 6 months or so, while the rehab was being done. I understand that some lenders want to see a seasoning of title of at least 1 or 2 years in such instances.

I work for a company called Investors Mortgage Lending Inc. I can send you a fast track form and have you fax/email it back to me and see if we can meet your numbers your looking for. Please email me directly with your email address and I can send you the fast track form. We are pretty quick at getting an answer to you.

Casey Clementz
Sales Associate
Investors Mortgage Lending Inc.
RealNet of N.E. FL Inc.
FL Lic. R.E. Broker-MLST#0500031
Cell: 904.234.6313
Office: 904.493.5000 x114
Fax: 904.493.1500

Did you try www.prosper.com
Or there are plenty of HML just do a google search and you will find more than you need.
Takes time to research them.

There mught be homes listings in your area with seller financing terms, check out http://sellfinanced.com You do not have to qualify for any of them.

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