What is a Hard Money Loan?

Hard Money, also known as Private Money, is money borrowed from private individuals. Most private money lenders/investors lend money through a mortgage company (there are laws that require this).

Basically considered “all cash”, such loans are extra strong and can be used to purchase or refinance dump property, bad credit borrower, irregular income borrower, large cash out borrower, someone needing fast cash, short term Bridge loans, etc. Hard money loans are based largely on equity. The...

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Related topics : hard money loan terms / hard money loan lenders / cash loan short term / fast cash loans bad credit / cash fast loan

What Is An Owner Occupied Hard Money Loan?

Owner Occupied or Principal Residence hard money financing, also known as private money and alternative financing, is highly regulated. You want to know your options and ensure you work with an experienced and licensed Broker so you are protected.

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Related topics : hard loan money