Worcester Financial is an asset based lender, like many hard money lenders. Worcester Financial is a full service lending company capable of offering funding to borrowers and structuring loans for investors in the Kansas City Metro Area, including Kansas, for non-owner occupied residential, multi-family, and commercial properties. Worcester Financial is committed to providing high-level service to the Kansas City Area. We start with an evaluation of equity in the property. We then assess the borrower’s credit worthiness, income, ability to repay, assets and history.
Investment property loans such as shorter-term loans and wholesale loans are best used when the investor buyer is purchasing a property and either has another buyer already lined up to buy the property or expects to have a quick sell. Worcester Financial is an asset based lender and will entertain all loan opportunities.
One of the most common scenarios for real estate investors in greater Kansas City and across the U.S. is execution of the buy, rehab and rent strategy. Our “Rehab and Refinance Loan” is the perfect tool to help the buy-and-hold investor with their investment purchase.
Note: While Worcester Financial LLC is generally an assetbased lender, in the Rehab and Refinance Loans borrower credit and or financials may be reviewed and are usually a determining factor (since refinance is the main exit strategy).
Do you want to flip a property? Our rehab and flip loans might be the best option for the investor who is buying, rehabbing, and then reselling the finished property.
Worcester Financial is an asset based lender. Borrower credit and/or financials may be reviewed but are usually not a determining factor.
Taryn is responsible for vetting borrowers, conducting due diligence for new investment opportunities, raising capital for new lending projects, facilitating the servicing of financial investments, and providing communication with current and potential investors.Phone: (816) 522-1613 Email: firstname.lastname@example.org