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Hard money loans, also known as private loans, rehab loans, bridge loans and construction loans, are a form of financing available to purchase and repair an investment property. Hard money loans do not conform to conventional underwriting standards and are not typically offered by.

"Property flippers like hard money loans because they can get the cash fast," Aragon says. "This expediency is beneficial when they’re bidding on a property.

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Experienced real estate investors can now borrow from one of the leading hard money. sound loans to great borrowers by providing the top-shelf service they need with the competitive rates the.

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We get that. So unlike other lenders, we use our own money and focus on the value of the property, resulting in a fast and easy approval process remarkably free of hoop-jumping. Simply complete an application, provide an appraisal and clear title, and we’re ready to roll. *Please note this hard money loan calculator is provided for.

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Hard Money Loans A hard money loan is mainly based on the value of the property as collateral and typically you can get a loan up to 70 percent of the property value. If you are tight on schedule and looking for a quick loan process with minimum paperwork.

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Here are a few options for refinancing a hard money loan. 1. Fixed Mortgage. If the hard money loan was taken so that you could purchase or retain a property, you might want to consider getting a fixed mortgage instead. Many people get hard money loans when they are close to foreclosure on their existing home.