Hard
Money
Hard Money refers to privately placed loans rather than
institutional loans that lenders typically will not fund.
Lenders can take 90 days or more and generally have more
stringent underwriting guidelines for both the type of
property used as collateral and the credit worthiness
of the Borrower. Hard money commercial loans are designed
to be available for “Special” situations
where banks and conventional lenders cannot or will not
take on the risk to fund. The most compelling reasons
for using hard money lending are:
- less time involved – need to close FAST.
- less qualifying and underwriting to close your
transactions.
To start the loan process, please complete
the Loan Application |
