What Interest Rates Do Hard Loan Lenders Charge?

Introduction to Hard Loan Lenders and Interest Rates Hard loan lenders, also known as hard money lenders, specialize in offering short-term, asset-based loans secured by real estate. Unlike traditional banks, they don’t rely primarily on credit scores or long underwriting processes. Instead, they evaluate the collateral property’s value and the borrower’s investment plan. One of […]

How Fast Do Hard Loan Lenders Approve Applications?

Introduction to Hard Loan Lending Approval When it comes to real estate investing, timing is everything. Traditional banks can take weeks—or even months—to approve a loan application, which often causes investors to lose out on lucrative opportunities. Hard loan lenders, however, offer a much faster approval process. Their streamlined, asset-based approach enables borrowers to access […]

Who Are Hard Loan Lenders?

Introduction to Hard Loan Lenders Hard loan lenders, more commonly known as hard money lenders, are private individuals or companies that provide short-term loans secured by real estate. Unlike traditional banks, which rely heavily on credit scores, income verification, and long underwriting processes, hard loan lenders focus primarily on the value of the collateral. These […]