Whether you’re seeking private money or hard money financing for your personal residence or investment property, you’ve arrived at the right place.
Flexible Financing Options
Our private money and hard money programs cater to a wide range of property types. If you own multiple properties, inform your lender to potentially benefit from higher loan-to-value (LTV) ratios through cross-collateralization.
Understanding Hard Money Loans
A hard money loan is a real estate mortgage secured against the as-is value of the property. Most lenders prefer funding in the first lien position, offering greater flexibility. Mezzanine or second lien loans are available for more complex financing needs.
Loan-to-Value (LTV) Ratio
Lenders base loan amounts on a percentage of the quick-sale value of the property, typically between 50-75% of market value. LTV can be higher with cross collateralization or additional desirable assets like fine art or collectibles.
Quick and Localized Closings
Hard money and private money loans often close swiftly with local lenders who understand the market dynamics. Local lenders can expedite decisions and forgo extensive due diligence, leveraging their familiarity with the area.
How It Works
- Application: Submit your loan request, detailing property information and desired financing.
- Evaluation: Lenders assess the property’s value and your financial profile to determine eligibility.
- Approval: Gain swift approval from local lenders familiar with your area’s real estate market.
- Funding: Access funding quickly to seize investment opportunities.
Get Started
Explore our map to find a lender in your state and begin your residential hard money loan journey today. Our network of lenders is ready to assist with personalized financing solutions.
Disclaimer: Loan terms, LTV ratios, and eligibility criteria may vary by lender. Contact us to discuss your specific needs and explore available options.