Usually this means a loan where the hard money lender can approve the loan request based upon the value of the assets and the equity in the assets, without the need for much of the usual time consuming documentation and verification that a more traditional lender might require to lend the same amount of money.
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Apply for a hard money loan here View recent hard money, investment and commercial loan case studies Download the free special report Getting Money Made Easy the investor’s guide to hard money. Your business is real estate investing, not jumping through hoops. We get that.
Hard money is money that is supplied by private lenders, as opposed to banks. It is called hard money because it is usually secured by a real asset, such as property. Hard money loans are often easier to get than bank loans, but they come at a big cost, and a big risk, to the borrower.
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Well you’re in luck. you can apply for free in just minutes and get all the preliminary details like loan amount, cash-to-close, loan costs, and more. Then you can decide to move forward. We are are hard money lender that wants your business, wants to be your long term hard money loan resource.
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The Hard Money Loan Program for residential properties offers real estate investors fast access to funds. Hard Money Loan approval is heavily based on the investment property; specifically the amount of equity. The Hard Money Loan Program is also advantageous due to that fact that credit scores and income are not heavily relied upon so there is no need to worry about income qualifications.
With Hard Money lending, you don't have to provide documentation, because it is pure collateral based. You may have tried to secure a commercial loan.
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Below is Georgia’s list of traditional and alternative funding as well as federal loans and grants. State Small business credit initiative (ssbci) learn more about this federal program administered by the Department of the Treasury to support private financing to small businesses and small manufacturers.