Unlock Financial Freedom with a Fast Hard Money Loan Today
Discover the benefits of a hard money loan for your financial needs. Fast approval, flexible terms, and quick access to cash make hard money loans an ideal solution for real estate investors and property owners.
Secure asset-based lending with quick approval and flexible terms for your investment property
A hard money loan is a short-term lending instrument that uses real property as collateral. Unlike traditional loans, hard money loans are funded by private investors or companies and focus on property value rather than the borrower's creditworthiness.
| Feature | Hard Money | Traditional |
|---|---|---|
| Approval Time | 2-7 days | 30-60 days |
| Interest Rates | 8-15% | 3-7% |
| Term Length | 6-24 months | 15-30 years |
| Credit Requirements | Flexible | Strict |
Purchase and renovate properties for resale within 6-12 months
Short-term financing while securing long-term traditional loans
Fund new construction or major renovation projects
Hard money loans are asset-based loans focused on property value rather than borrower creditworthiness. They offer faster approval, more flexible terms, but typically have higher interest rates and shorter terms than conventional loans.
Approval typically takes 2-7 business days, with funding possible within 2 weeks. This is significantly faster than traditional loans which can take 30-60 days.
Most hard money lenders offer up to 65-75% LTV for residential properties and 60-70% for commercial properties. The exact ratio depends on property type, location, and project specifics.
Prepayment terms vary by lender. Some may charge a fee if the loan is paid off within the first year, while others offer no prepayment penalties.