Loan Programs - Hard Money Loans
Hard Money Loans are loans for almost any type of
commercial real estate that cannot be funded by the more traditional
lender, whether it's a hard to finance property, a borrower with less than
"bankable" credit or a lender unable to close on a loan commitment and the
loan must close in just a few days. Sometimes it's to take advantage of an
opportunity that a traditional lender doesn't understand or lending
regulations don't permit; like taking a property out of receivership or
bankruptcy.
Loan size ranges from $500,000 & up on properties nationwide. Terms can be
as short as 6 months to as long as 20 years. Interest rates have a wide
range depending on each situation, type, condition and location of
collateral and borrower.
