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Top Lender for real estate investors in Passaic (NJ)

Accolend is a top hard money lender in Passaic. We provide secure, fast, and hassle-free loans to real estate investors and brokers throughout Passaic. 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 Passaic (NJ), 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 Passaic (NJ)

Accolend As a Leading Hard Money Lender In Passaic

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 Passaic, as well as in 40 other states.

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Frequently Asked Questions
What type of properties is eligible for Hard Money loans near Passaic offered by Accolend?

The following properties are eligible for Hard Money Loans near Passaic offered by Accolend:
Single Family Residence (SFR)
2-4 Unit Properties
5+Unit Properties
Town Houses

What type of hard money loan rates are offered by Accolend?

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?

Yes, we have both point and no point loan programs.

What are the minimum and maximum loan amounts offered by Accolend?

Loan size depends on the type of loan program, the general range is from, 150k-15MM

Understand Passaic’s Real Estate Market

Passaic is a larger, mid-sized city in the state of New Jersey. Passaic is the 12th largest community in New Jersey, with a population of 69,703 people and 14 constituent neighborhoods.

Housing costs in Passaic are among the highest in the country, though they do not compare to real estate prices in New Jersey’s most expensive communities.

Passaic is commonly referred to as a blue-collar town because physical labour occupations dominate the local economy. Blue-collar occupations employ 42.01 percent of the Passaic workforce, compared to 27.7 percent nationally. Passaic is primarily populated by service providers, transportation and shipping workers, and sales and office workers. Passaic has a high proportion of residents who work in office and administrative support (8.78 percent), sales (7.84 percent), and maintenance occupations (6.39 percent ).

Many people in Passaic take the bus to and from work. In fact, for its size, Passaic has a sizable population of public transportation users. Passaic’s citizens have a high demand for low-cost transportation options.

Passaic has a slightly lower percentage of adults with a college degree than the national average of 21.84 percent for all communities. In Passaic, 15.67% of adults have a bachelor’s or advanced degree.

Passaic’s per capita income in 2018 was $18,485, which is low in comparison to New Jersey and the rest of the country. For a family of four, this equates to an annual income of $73,940. However, Passaic is home to both wealthy and impoverished residents.

Passaic is a city with a very diverse ethnic population. Passaic residents describe themselves as belonging to a variety of racial and ethnic groups. People of Hispanic or Latino origin make up the majority of Passaic’s population, accounting for 74.79 percent of the city’s population (people of Hispanic or Latino origin can be of any race). The majority of Passaic residents report being White, followed by Black or African-American. People in Passaic have Polish, Italian, Russian, European, and German ancestors.

Furthermore, Passaic is home to a large number of people who were born outside of the United States (38.81 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