HardMoneyHome.com is designed to empower private money real estate borrowers. We have created the largest directory of hard money lenders anywhere on the Internet, along with reviews, informative articles, and the latest industry news.
Whether you need a hard money loan, fix and flip rehab loan, commercial real estate loan, bridge loan, investment property loan, construction loan, or even want to refinance an existing loan, this is the only source you need.HardMoneyHome.com lets you compare rates, review lenders, and contact them directly or use our loan advising service to help you get the best rates and terms available for your real estate project.
Whether you need a hard money loan, fix and flip rehab loan, commercial real estate loan, bridge loan, investment property loan, construction loan, or even want to refinance an existing loan, this is the only source you need.HardMoneyHome.com lets you compare rates, review lenders, and contact them directly or use our loan advising service to help you get the best rates and terms available for your real estate project.
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HardMoneyHome.com was built in 2016 by Ryan Patterson, a real estate developer and private lender with 20 years of experience in the industry. As the managing partner of Patterson Towers Investments, a private lending fund focused on fix-and-flips in major Texas cities, he discovered that it was difficult to find reliable, un-biased information on hard money lenders.
A hard money loan for an investment property is a private loan made to a real estate investor for the purpose of purchasing or refinancing a rental home or other income-earning real estate asset. These types of loans are always secured by the investment property itself, generally by a deed of trust.
Commercial hard money loans are asset-backed loans that are secured by real estate. In these lending scenarios, the borrower is usually an individual or business who needs to purchase or take cash out of equity in a commercial building and the lender is typically a private company that specializes in higher-risk loans.
This type of loan is typically taken by individuals or businesses who need to quickly get cash out of equity in a property but who cannot easily obtain a traditional loan with a bank or credit union. Lenders who offer this type of asset-backed refinancing tend to charge higher interest rates and fees than banks and generally offer lower "loan-to-value" ratios (the percentage of the property's value vs. the amount of the loan).
Bridge loans are short-term loans that "bridge" the gap between a real estate transaction and the closing of conventional financing or some other type of financial transaction. This type of loan is most commonly used in commercial applications where a business needs to obtain cash quickly but cannot close a loan with a bank for some period of time.
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