Hard Money Loans

How it Works

Unlike traditional bank loans that have strict guidelines and requirements such as a minimum credit score and income verification, hard money loans rely on hard assets, real estate, as collateral.

Because we can skip all the bank bureaucracy, the approval process for hard money loans is fast, and we can close in as little as 7-10 days.

Loan Terms

  • Loan to Value up to 65%
  • No Upfront Fees
  • Loan term 1 - 5 years

Qualification

  • BAD CREDIT OK
  • NO INCOME OK
Are there any upfront costs to start the approval process?
NO. We never charge any upfront fees. Contact us today to start the approval process. All fees get paid at loan closing.
Can the loan payments be deferred until the property sells?
YES. We can typically defer loan payments until the property sells. Every situation is different contact us to discuss your loan scenario.
Can I use a mobile home as collateral?
YES. You can use a mobile home as collateral for the loan.
Can I take money out of a property I have listed for sale?
YES. With title in hand, you can take cash out while the property is listed for sale.
How long does the approval process take?
You can be approved as quickly as in 1 day!
How long before I get the money?
You can be funded in as soon as 7 days from the approval time if there is no surprises and you submit all paperwork and documents in a timely manner.
Do I need insurance for my property?
YES. If you're going to use the property as collateral for the loan, that property must be insured.

Example of a loan closing timeline, time to close varies:

  • Day 1Pre-Approval
    Get Pre-Approved within 24 hours.
  • Day 2-4Underwriting
    Loan application processing and underwriting.
  • Day 4-8Title Work
    Title request with your closing attorney.
  • Day 9Closing Documents
    Note, mortgage, and settlement statement documents drafted.
  • Day 10Loan Closing & Funding
    Closing day at your attorney's office.
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