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Top Lender for real estate investors in Hempstead (NY)

Accolend is a top hard money lender in Hempstead. We provide secure, fast, and hassle-free loans to real estate investors and brokers throughout Hempstead. At Accolend, we believe in adding value to your project, and so our team of highly dedicated professionals provides you with one-to-one support helping you achieve your goals. As the premier hard money lender in Hempstead (NY), we provide excellent client service. We can finance your investments as early as 10 days from the application with a minimum paperwork. From the initial conversation to the final deal, no one is going to work harder for you than Accolend. All you need is a reasonable investment that has a good profit margin, and you will receive an approval for hard money financing.

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Accolend offers No Points Programs and Lowest Rates in Hempstead (NY)

Accolend As a Leading Hard Money Lender In Hempstead

Consistent, Responsive, and Reliable Service: Success in real estate investing requires an experienced and dedicated team who work with the same passion and dedication for every client. At Accolend, we pride ourselves on providing excellent customer service. Our team of experts is ready to assist you from beginning to end throughout the whole process. Our good customer relationships are our strength, and that's why the majority of our clientele are repeat customers.

Experience: Accolend was formed 6+ years ago by Wall Street financiers with much experience in real estate investment; we have funded hundreds of hard money loans providing hundreds of millions of dollars to our clients. Accolend is a trendsetter in the industry.

Support & Coaching: We will not only fulfill your loan requirements but also help and support you to do a better investment. Our programs are designed in such a way that the whole lending procedure will provide you with better knowledge of the industry. Working with Accolend will help you take better investment decisions in the future.

Wide Service Area: Accolend provides hard money loans throughout the state of Hempstead, as well as in 40 other states.

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ACCOLEND Q & A
Frequently Asked Questions
What type of properties is eligible for Hard Money loans near Hempstead offered by Accolend?
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The following properties are eligible for Hard Money Loans near Hempstead offered by Accolend:
Single Family Residence (SFR)
2-4 Unit Properties
5+Unit Properties
Condominiums
Town Houses

What type of hard money loan rates are offered by Accolend?
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Loan Rates are different for different types of loans, starting from 5.99% with points and from 7.5% with no points.

Does Accolend Provide No Point Loans?
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Yes, we have both point and no point loan programs.

What are the minimum and maximum loan amounts offered by Accolend?
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Loan size depends on the type of loan program, the general range is from, 150k-15MM

Understand Hempstead’s Real Estate Market

Hempstead is a larger, mid-sized village in the state of New York. Hempstead is the 17th largest community in New York, with a population of 55,113 people and 13 constituent neighborhoods.\ Housing costs in Hempstead are among the highest in the country, though they do not compare to real estate prices in New York’s most expensive communities.

Unlike some villages where white-collar or blue-collar occupations predominate, Hempstead’s economy is not predominately one or the other. Instead, it employs both white-collar and blue-collar workers. In general, Hempstead is a community of service providers, sales and office workers, and professionals. Maintenance occupations (11.35 percent), office and administrative support (10.98 percent), and sales occupations are particularly prevalent in Hempstead (10.30 percent ).

In Hempstead, however, the average commute to work is quite long. People spend 31.91 minutes per day on average getting to work, which is significantly longer than the national average. One plus is that local public transportation is widely used, so leaving the car at home and taking public transportation may be an option to avoid the headache of driving in heavy traffic.

Most people in Hempstead, like the rest of America, commute to work in a private automobile. However, a significant number of Hempstead residents use public transportation on a daily basis, primarily by bus.\ Hempstead residents’ education level, as measured by those with bachelor’s or advanced degrees, is comparable to the national average for all American cities and towns. In Hempstead, 18.29 percent of adults aged 25 and up have a college degree.

In 2018, the per capita income in Hempstead was $24,447, which is low income in comparison to New York and lower middle income in comparison to the rest of the US. This equates to a $97,788 annual income for a family of four. However, Hempstead is home to both wealthy and impoverished residents.

Hempstead is a village with a very diverse ethnic population. People who live in Hempstead identify as belonging to a variety of racial and ethnic groups. People of Hispanic or Latino origin make up the largest group in Hempstead, accounting for 47.09 percent of the village’s population (people of Hispanic or Latino origin can be of any race). The majority of Hempstead residents identify as Black or African-American, followed by White. People in Hempstead have Jamaican, Haitian, Trinidadian and Tobagonian, Italian, and Irish ancestors.

Furthermore, Hempstead is home to a large number of people who were born outside of the United States (40.58 percent ).

Where we Lend?

We do not lend in: AK, HI, OR, ID, NV, UT, AZ, ND, SD, MN
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No points programs for
Real Estate Investors