A hard money loan is a specific type of asset-based loan financing through which a borrower. Therefore, hard money lenders only lend on business purpose or commercial loans in order to avoid the risk of the loan falling within Dodd-Frank,
Unlike hard money lenders, we are reliable private lenders who offer fast approval and loan closings as quickly as 3 days. Minimal cash down plus no interest payments first 6 months.
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We have been in the hard money lending business since the 1980s. If you are new to hard money loans, keep in mind these loans are very similar to bridge loans, but backed by a private lender.
The term "hard money lender" is used to describe lending outside of traditional banks or credit unions to an individual or a business.
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Hard money is a loan from private lenders, as opposed to banks. It is called hard money because it is usually secured by a real asset, such as property. Many startup businesses turn to hard money.
When dealing with a true hard money lender, experience is the key to closing real estate loan matters. At PB Financial Group Corp we have been providing quick funding since 2006 and have funded over 1700 hard money/private money loans.
Hard money loans and bridge loans are specialized lending programs that can help you move projects forward.
Bridge Loans, also known as Hard Money Loans are short-term loans that are used to help a business through a financial gap until they secure longer term or.
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Hard money loans. When you hear the term, you may think of a particularly notorious type loan sharking. This is because some time ago, predatory real estate lenders with an interest in "lending to own" started making very risky deals with borrowers.