Hard Money Loans

Hard Money Loans

Hard Money Loans are the most flexible loans available in terms of fast approval, flexible guidelines and low documentation.

Our job is to provide you with lower cost Hard Money Loans.

We can provide a Hard Money Loan that is flexible enough to meet your needs and is also lower cost than most other Hard Money Loans.

A well selected Hard Money loan will meet needs and your situation, and be the lowest cost possible. We can help you to get that loan. A Hard Money loan that is tailored to meet your exact needs.

Our Hard Money Loans are for Commercial Property Only

The Terms of Hard Money Loans are typically:

Interest Rate of 10% to 14%
The Points are 3 to 5 Points
The Term Is One Year
Pay-off Early Allowed

The following chart shows the factors which will affect of the cost of the Hard Money Loan. The Lower Points and Lower Interest Rates are shown in the right hand column.

Higher Points & Rates * Higher Flexibility *	Lower Points & Rates * Low Flexibility *
Unusual Property	Conventional Property
No Income Verification	Full Documentation
No Asset Verification	Full Asset Verification
Short Business Record	Long Business Record
No Seasoning Of Ownership	Owners Seasoning Documented
Low Equity In Property	High Equity In Property
Cross Collateralized	Adequate Equity Present
Second Mortgage Allowed	No Second Mortgage Needs
Credit Score Low	Credit Score High
Borrower Judgments/ Liens	No Judgments Or Liens
In Foreclosure	Mortgage Payments Made
In Bankruptcy (Chapter 13)	Normal Business Operations

The situation of the borrower and the current circumstances of the property must be closely analyzed to determine the lowest-cost loan possible. A detailed review of the borrower's situation can be helpful in securing the best loan for the situation.

Our role is to determine your needs, your situation, your circumstances and your exact loan requirements. With this background information, we can select the best loan for your situation. The best loan for you will always meet your financing needs at the lowest possible cost.

Nationwide Mortgage Broker

Table of Minimum Loan Amounts
Property Types	Minimum Loan Size	Maximum Loan Size
Commercial Loans	$750,000	$20,000,000
Multi-Family 5+ Units	$750,000	$20,000,000
Investment 1-4 Units	$250,000	$10,000,000