Avatar's Blog
» What Is A Hard Money Loan?
Posted on 11/9/2004
Hard money loans are bridge loans with real estate as collateral. Whether the real estate is comemrcial, industrial, office, retail, or residential, whether owner-occupied or investment property - even raw or improved land - all hard money loans are collateralized by some form of real estate.
Generally used for short term solutions, hard money loans bridge the gap between purchase or refinance and long term financing options.
Posted in Miscellaneous
Generally used for short term solutions, hard money loans bridge the gap between purchase or refinance and long term financing options.
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