What is a hard money loan?
A hard money loan is a short-term loan secured by real estate, funded by a private lender instead of a bank. Approval is driven by the property's value and your exit plan, which is why hard money lenders can close in days rather than months.
Investors use hard money to buy distressed properties, fund renovations, close quickly at auction, bridge to long-term financing, or pull cash out of a property that a bank won't lend on yet.
Why investors choose a direct hard money lender
- Speed: many deals are approved within 24–72 hours of a complete file
- Certainty: you deal with the decision-maker from term sheet to closing
- Flexibility: LLC borrowers, first-time investors and credit challenges considered
- Leverage: up to 100% of purchase and rehab on qualifying flips
Hard money programs we offer
We lend directly on fix and flip, bridge + rehab, bridge, ground-up construction, DSCR rental and portfolio loans, and multifamily value-add and conversions. Through our network of 2,000+ capital partners we also place commercial bridge, land, SBA and agency financing.
What hard money costs
Hard money is priced higher than a bank loan because of its speed and flexibility. Expect interest-only payments, origination points and a 6–24 month term. Your rate depends on leverage, credit and experience; the instant quote shows three options side by side so you can choose between a lower rate and lower upfront cost.
Hard Money Loans: terms at a glance
| Programs | Fix & flip, bridge, construction, DSCR, multifamily |
|---|---|
| Leverage | Up to 90% LTC / 100% on qualifying flips; 75% of ARV |
| Term | 6 – 24 months |
| Payments | Interest-only |
| Approval basis | Property, exit plan, credit and experience |
| Closing | Often 7 – 14 days |
Terms shown are representative and subject to underwriting, appraisal and state availability. All loans are business-purpose loans on non-owner-occupied property. This is not a commitment to lend.