Hard Money Loans

hard money loans

Why Hard Money?

Hard Money loans are often referred to as "last resort" loans. These are deals that do not meet conventional guidelines because of borrower credit rating or other issues. Hard money loans are backed by the value of the property, not borrower credit worthiness. Because the risk is high, the interest rates and loan costs are high.

Hard Money

  • 1st & 2nd Trust Deeds
  • Property - Residential SFR, 2-4 units, Condos, Townhomes, Multifamily 5+ units.
  • Loan Size - $30,000 to $3,000,000+
  • Purpose - Acquisition, Refinance, Cash Out
  • Equity Based Solutions
  • Very Competitive Rates
  • Loan-to-Value - Up to 65% LTV (Higher on a case by case basis)
  • 2nd TD up to 65% CLTV (Southern CA only, Residential & Multi-Family Properties only)
  • Loan Terms - 1 to 3 year Term
  • Credit Score - Any Credit OK
  • Income - Stated Income/Asset
  • No Junk Fees, 2 Origination Points plus Broker Fee.
  • Notes

More Lenders than any other Broker Source

Refinance

Investment

House Flippers

Construction