Hard Money Loans

Loan Size: $250,000 – $50,000,000 Lower loan amounts are subject to the
higher end of the Interest rates.
Term: Up to 36 Months / 12 Month extension available at 1%
Lending Area: Nationwide
Interest Rates: 8%-10.5%
Loan to Value:  Up to 75% LTV on income producing properties, up to 75% LTC for
remodeling or completion of construction. Special use properties
on a case by case basis.


History of Hard Money

Hard Money is a term that is used almost exclusively in the United States and Canada where these types of loans are most common. In commercial real estate, hard money developed as an alternative “last resort” for property owners seeking capital against the value of their holdings. The industry began in the late 1950s when the credit industry in the US underwent drastic changes (see FDIC: Evaluating the Consumer Revolution).

The hard money industry suffered severe setbacks during the real estate crashes of the early 1980s and early 1990s due to lenders overestimating and funding properties at well over market value. Since that time, lower LTV rates have been the norm for hard money lenders seeking to protect themselves against the market’s volatility. Today, high interest rates are the mark of hard money loans as a way to protect the loans and lenders from the considerable risk that the lenders undertake.

Apply Now or Return To Loan Options