Avatar's Blog
» Hard Money for Residences
Posted on 10/23/2004
Hard money loans are almost always used for commercial purposes. But it is possible to obtain a hard money loan to use as a bridge loan to purchase a residence or to refinance one. If the use funds is for business purposes and obtaining a conventional mortgage or line of credit is not an option, inquire about collateralizing your residence to obtain a hard money loan to accomplish your business goals.
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