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Top Lender for real estate investors in Philadelphia (PA)

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

Accolend As a Leading Hard Money Lender In Philadelphia

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 Philadelphia, 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 Philadelphia offered by Accolend?

The following properties are eligible for Hard Money Loans near Philadelphia 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 Philadelphia’s Real Estate Market

Philadelphia is a significant city in the U.S. state of PA. Philadelphia is Pennsylvania’s biggest city, with a population of 1,584,064 people and 385 component neighbourhoods. Much of Philadelphia’s housing stock was constructed before to World War II, making it one of the country’s oldest and more historic cities.

Unlike several other cities, Philadelphia is not primarily white-collar or blue-collar. Instead, the most common occupations in Philadelphia are a combination of white-collar and blue-collar vocations. Philadelphia is mostly populated by professionals, service providers, and sales and office employees. Philadelphia has a high concentration of persons working in office and administrative support (11.52 percent), sales (8.55 percent), and managerial occupations (8.10 percent )

It’s also worth noting that Philadelphia has more individuals working in technology and math than 95 percent of the rest of the country.

Philadelphia is one of the most appealing major cities for those who are young, unmarried, educated, and want to advance in their careers. This makes it a fantastic area to live for young individuals in their twenties and thirties who have undergraduate or graduate degrees and are just starting out in their professions. Despite the fact that Philadelphia is a vast city, this demographic is substantial enough that young professionals will find many people like them here, with excellent options for friendships, entertainment, romance, and more.

One disadvantage of living in Philadelphia is that commuting to work might take a long time. The average commute time to work in Philadelphia is 33.61 minutes, which is much longer than the national average. Local public transportation, on the other hand, is frequently used in the city, so leaving the car at home and utilizing public transportation is often a realistic option. Furthermore, it is a pedestrian-friendly city. Many of Philadelphia’s neighborhoods are dense enough and have enough facilities near together that individuals can travel about on foot. One of the advantages of living in a large city like Philadelphia is having a public transportation system, but in Philadelphia, the transit system is the method of transportation of choice for many individuals travelling to and from work every day. Even if alternative modes of transportation are available, many individuals choose to take the bus for their daily journey. Many commuters will tell you that avoiding having to drive in the snarl of major city traffic is one of the primary reasons they leave the vehicle at home, or perhaps do not own a car at all. With so many people take the bus, Philadelphia benefits from less traffic and pollution.

The education level of Philadelphia residents is significantly greater than that of the average US city, with 29.69 percent of people in Philadelphia holding a bachelor’s degree or more.

In 2018, Philadelphia’s per capita income was $27,924, placing it in the centre of the state and country. This translates to a family of four earning $111,696 per year. However, Philadelphia is home to both affluent and impoverished residents.

Philadelphia has a very diversified ethnic population. People who live in Philadelphia identify as belonging to a number of racial and ethnic groupings. The majority of Philadelphia citizens identify as Black or African-American, followed by White. There is also a sizable Hispanic population in Philadelphia (people of Hispanic origin can be of any race). People of Hispanic or Latino descent make up 14.68 percent of the city’s population. People in Philadelphia have Irish, Italian, German, Polish, and English ancestors.

Philadelphia, PA: Real Estate Market Summary:

  • Current Median Home Price: $203,900

  • Appreciation Rate in 1-Year: -0.5%

  • Appreciation Rate in 3-Year: 3.1%

  • Unemployment Rate: 5.0%

  • Job Growth Rate: 2.6%

  • Population: 6,060,000

  • Median Household Income: $62,171

source :- FortuneBuilders

Accolend ‘s Resources to Real Estate Investments

Top Cities Surrounding Pennsylvania We Lend In

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