A hard money loan is a type of loan that is backed by a specific type of asset in the form of real estate. Hard money loans are normally issued by private lenders and investors, and typically come with higher interest rates.
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Hard money lenders
1. hard money lenders
A hard money loan is a type of loan that is backed by a specific type of asset in the form of real
estate. Hard money loans are normally issued by private lenders and investors, and typically
come with higher interest rates.
Hard money loans are very similar to bridge loans. The main difference between a hard money
loan and a bridge loan, is that bridge loans typically involve commercial properties or investment
properties that are in transitional phases of achieving traditional financing.
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