Hard money lenders offer short-term loans to purchase and renovate properties. hard money lenders charge higher rates but offer faster funding times and, oftentimes, no credit criteria. We researched over 20 hard money lenders comparing rates, terms, qualifications, application process, funding time, and reviews to choose the top seven below.
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Hard money is a way to borrow without using traditional mortgage lenders. Loans come from individuals or investors who lend money based (for the most part) on the property you’re using as collateral.
Hard Money Loans: Flexible asset-based lending, no income. – The Hard Money Loan program offers flexible qualifying guidelines being that there’s no income documentation coupled with being credit score friendly — only a 550+ FICO is needed.. Small Business Loans. Startup Business Loans. Business Loans using Real estate. business loans using Equipment.
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