What Is a Hard Money Loan?
A hard money loan is a specific type of asset-based loan financing through which a borrower receives funds secured by real property. Hard money loans are typically issued by private investors or companies. At Bridge South Investments we aim to be your hard money lender.
Bridge South Investments offers several hard money lending solutions.:
REHAB/CONSTRUCTION LOANS
BRIDGE LOANS
PURCHASING NOTES
TRANSACTION FUNDING
For more in-depth information on each of these services click here
Hard money loans are designed to solve real estate investment finance issues. When finances are needed to complete a real estate investment transaction, hard money loans offer a convenient, short term solution. The funds can be accessed quickly and efficiently.
Terms on Hard Money loans are generally based on the property being used as collateral rather than the creditworthiness of the borrower. The private investors who back the hard money loan can make decisions faster than banks because they often don't make credit checks or examine a borrower's credit history.
If you believe that a hard money loan is right for your situation or would like more information, please reach out to us today!