Disclaimer and Terms of Use for Hard Money Loan Service
1. Introduction This document outlines the Disclaimer and Terms of Use for the Hard Money Loan Service (hereinafter referred to as “Service”) provided by EasyLoan. By accessing, applying for, or using this Service, you agree to be bound by these terms.
2. Nature of Service The Service offers short-term, asset-based loans primarily for real estate investments. These are not consumer loans but are intended for business and investment purposes.
3. Eligibility To be eligible for this Service, applicants must be legal entities such as LLCs, corporations, or equivalent, not individual consumers. The Service is intended for investment properties and not for personal, family, or household use.
4. Loan Terms
- The loan terms, including interest rates, repayment schedule, and loan amount, will be determined based on the property’s value and the borrower’s investment plan.
- Loans are secured by real estate assets.
- The borrower is responsible for all due diligence, property evaluations, and investment decisions.
5. No Credit Check; No Appraisal
- The Service does not require credit checks or property appraisals. However, this does not imply all borrowers will qualify.
- Borrowers must demonstrate the ability to repay and meet other criteria as set forth by EasyLoan.
6. Repair Funding
- The Service may offer up to 100% funding for property repairs, subject to certain conditions and the discretion of EasyLoan.
7. Application Process
- The loan application must be completed in full and truthfully.
- EasyLoan reserves the right to reject any application without providing reasons.
8. Disclaimer
- EasyLoan is not responsible for the success or failure of investments made with the funds obtained from the Service.
- Borrowers are advised to seek independent legal and financial advice before applying.
9. Limitation of Liability
- EasyLoan shall not be liable for any indirect, incidental, consequential, or punitive damages arising from the use of the Service.
10. Amendments
- These terms may be amended at any time by EasyLoan, with changes effective upon posting on the company’s website.
11. Governing Law
- These terms are governed by Florida/US Law and any disputes will be subject to the exclusive jurisdiction of Florida/US courts.
12. Acknowledgment By using this Service, you acknowledge that you have read, understood, and agreed to these terms.
Contact Information For any questions or clarifications regarding these terms, please contact info@easyloan.cash.
