Hard Money Loan ProgramHard money loans are short-term, asset-based financing solutions designed for real estate investors who need fast funding and flexible approval guidelines. These loans are primarily based on the value of the property, rather than the borrower’s income or credit history.Hard money loans are commonly used for fix-and-flip projects, bridge financing, distressed properties, and time-sensitive purchases.
Who Are Hard Money Loans For? Hard money loans may be a strong option if you: Are a real estate investor Need quick closings (often in days, not weeks) Are purchasing distressed or undervalued properties Plan to renovate and resell or refinance Cannot qualify for traditional bank financing Are buying at auction or through off-market deals
Common Uses Fix-and-flip projects Bridge financing Auction purchases Cash-equivalent purchases Short-term investment strategies
Key Features Approval based primarily on property value (LTV or ARV) Minimal income and documentation requirements Short-term loan terms (typically 6–24 months) Fast underwriting and funding Available for residential and some commercial properties
What to Expect Hard money loans typically: Require higher interest rates than traditional loans Have upfront fees and points Require a clear exit strategy (sale or refinance) May require renovation plans and budgets Are designed as temporary financing, not long-term solutions