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Hard money lenders are lending companies offering a specialized type of real-estate backed loan. Hard money lenders provide short-term loans (also called a bridge loan) that provide funding based on the value of real estate that has been collateralized for the loan. Hard money lenders typically have much higher interest rates than banks (between 11 and 16%) because they fund deals that do not conform to bank standards.

Hard Money Lender - Private lenders and fast cash access:
$500,000 to $20,000,000 per transaction on the same project
Up to 75% LTV improved structures, up to 55% LTV raw land
Commercial property purchase, construction, or refinancing
Bank workouts, bankruptcies and foreclosures are common
Loans on commercial buildings, vacant land, and more
Got a tough multi-million dollar deal?
Consistently hearing "No" to your deal because it doesn't fit the conventional box?
Need a short term loan? Are traditional lenders taking forever to close?

With "private lenders" the hard assets are the key.
Hard money loans are property-driven and typically have a much quicker turnaround. Creative transactions such as: interest only payments, partial deed release, and participations are usually considered.

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