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"Hard Money" Loans for Real Estate Investors

What is a "Hard Money Loan"?

A "Hard Money Loan" is also known as a "private money loan" or "private financing". Hard money loans are financed by investors instead of banks or other lending institutions. There are many uses and advantages to using hard money loans as you will read below.

Equity-Based Hard Money Loans

Equity-based hard money loans are based primarily on the property itself instead of the borrower's credit or collateral. This is a popular way to finance investment properties, "flips", and foreclosures because in addition to credit not being a factor, you can obtain financing much faster than with a conventional loan. We can also finance properties in ANY condition.

  • Up to 100% financing of the purchase price
  • Financing in as little as 48 hours
  • NO CREDIT CHECKS are required
  • Properties in any condition (ugly houses, not-so-ugly houses, foreclosures, restorations, etc.)
  • Loan amounts of as little as $10,000 for home repairs, etc.

Asset-Based Hard Money Loans

These types of hard money loans can be used for any purpose but require collateral for security.

Hard Money "Bridge" Loans

A hard money bridge loan is a loan that is used for a short period of time until permanent financing can be arranged. Bridge loans are a ideal when quick financing is needed for acquisitions or even business opportunities. These types of hard money loans can be used for...

  • Acquisitions
  • Buy-Outs
  • Foreclosures
  • Cash Out
  • Construction
  • Commercial Property
  • Apartments Buildings
  • Hotel / Motel
  • Office Buildings and Complexes
  • Golf courses, and almost all commercial businesses.

Short-term programs available (6-24 months) No Limit on funding.

Mezzanine Financing

A Mezzanine loan is a loan that is subordinate to a Primary Lender. Mezzanine Loans are a debt instrument which is paid back at the time of sale of refinancing. There are many options available with this type of financing. For example: The lender can arrange to take an equity ownership in addition to the debt that will be paid out on the proceeds of the sale. Mezzanine loans are very flexible and allow the borrower options that can increase a borrower's leverage.

Loans on property or the business with equity in either ownership or warrants in the company. Used to buy valuable property or business or even buy out an existing partner. The program provides additional funding when first mortgage is at maximum loan amount. Up to 3-year terms available.

Hard Money Loans for Undeveloped Land

These are hard money loans for unimproved real property. Financing for single lots, multiple lots, and large acreage is available. Normally, land is valued at a 90-day "quick sale" price to determine loan-to-value ratios.

Hard Money Construction Loans

A hard money construction loan is a loan used to construct a building or other improvements of real property, with the land and improvements as collateral for the loan. Construction reserve accounts are generally maintained to disburse the money as the construction progresses. Up to 100% cost of construction available depending on the improved value.

Type of collateral property ranges from home construction to large commercial projects.

Hard Money Real Estate Acquisition Loans

A hard money acquisition loan is used to acquire real estate using the loan proceeds.

Hard Money Acquisition & Development Loans

These hard money loans are used to both acquire and develop real property to an improved state. Loan proceeds are dispersed with interest only paid on funds distributed. Hard Money Loan to value is determined as to the overall improved value.

Credit Enhancement Hard Money Loans

Credit Enhancement is a program utilized by borrowers lacking the credit or capacity to obtain premium financing. The Enhancer guarantees the loan for a fee and an equity position.

General Hard Money Lending Criteria & Rates

  • Loan Size: From $10,000 - $100,000,000+
  • Location: Dependent on project.
  • Collateral: All property types will be considered.
  • Rates: 11%- 18%  
  • Terms: 6 months to 3 years - Interest Only
  • Max LTV: 75% LTV - Depends on property type and improvements 
  • Other Potential Loan Options:
    • Blanket loans
    • points and fees wrapped into the loan
    • multiple income sources
Contact Us for More Information on Our Hard Money Loan Programs

Please briefly describe your current project and your hard money financing needs.

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