Business Details
33 Years
experience
Trusted Hard Money Loans in Portland, OR
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 investment properties, commercial real estate, and unique financing scenarios. We specialize in bridging gaps for borrowers with non-traditional credit profiles, offering tailored solutions for fix-and-flip projects, rental acquisitions, and development opportunities.Our streamlined underwriting process ensures pre-approvals within 24-48 hours and closings within two weeks, supported by a team with deep expertise in alternative financing. We serve clients nationwide, prioritizing transparency, competitive terms, and rapid access to capital for time-sensitive deals.
Services
Hard Money Loans
Bridge Loans
Multi-Family Loans
Commercial Loans
No-Doc Loans
Rental Property Loans
New Construction Loans
Foreclosure Bailout Loans
Land Development Loans
Private Money Loans
Details
- Year established: 1993
Highlights and features
- We offer 30+ years of experience in hard money lending.
- Our team provides pre-approvals within 24-48 hours.
- We fund loans from $50,000 to $10 million+.
- Our process prioritizes asset-based approval over credit scores.
- We specialize in serving borrowers with non-traditional credit profiles.
Services
Hard Money Loans
Hard money loans provide short-term financing secured by real estate equity. Ideal for investors needing rapid capital for property acquisitions, renovations, or development projects. Our loans prioritize property value over borrower credit, enabling faster approvals for time-sensitive opportunities.
Bridge Loans
Bridge loans offer temporary financing to cover gaps between property transactions. Designed for investors requiring immediate funds for down payments, foreclosure bailouts, or interim financing until long-term solutions are secured. Terms typically range from 6 to 24 months.
Multi-Family Loans
Multi-family loans finance residential complexes with five or more units. Tailored for investors purchasing or refinancing apartment buildings, these loans support cash flow through competitive rates and flexible terms, with loan amounts up to $5 million.
Commercial Loans
Commercial loans fund non-residential properties like offices, warehouses, and retail spaces. Structured for business owners acquiring or refinancing commercial assets, these loans emphasize property value and exit strategies over traditional income verification.
No-Doc Loans
No-doc loans simplify financing for borrowers with non-traditional income documentation. Catering to self-employed investors or those with complex financial profiles, these loans reduce paperwork requirements while maintaining focus on collateral value and repayment capacity.
Questions
What are the interest rates for hard money loans?
Interest rates typically range from 9% to 15% annually, depending on loan-to-value ratio, property type, and borrower experience.
What documentation is required to apply?
Required documents include property details, purchase contracts, proof of funds, basic financial statements, and identification.
Can I use hard money loans for owner-occupied properties?
Most hard money lenders avoid owner-occupied residential properties due to federal regulations. Loans are primarily for investment properties.
What credit score is needed for approval?
While credit scores matter less than traditional loans, most lenders prefer scores above 600 for favorable terms.
How quickly can loans be funded?
Pre-approvals occur within 24-48 hours, with loan closings typically completed within two weeks.
What happens if I can't repay on time?
Lenders may offer extensions for additional fees if payments are current. Foreclosure proceedings could occur if no resolution is reached.
