Hard Money Lenders

Hard money lenders are private individuals or companies that provide loans secured by real estate. Unlike traditional banks, they focus on the property's value rather than the borrower's credit history. These loans are typically short-term and come with higher interest rates. Hard money lending is often used by real estate investors for quick financing or when conventional loans are unavailable. This type of lending is characterized by faster approval processes and less paperwork, making it suitable for those who need immediate funding for property purchases or renovations.