What is a hard money loan?
A hard money loan is a type of asset-based loan financing through which a borrower receives funds secured by real property.
How do I qualify for a hard money loan?
Call or email HouseMax Funding with your deal. We will be able to give you firm idea of whether or not the deal is doable in a matter of minutes. Our goal is to fund your loan!
What type of investor uses hard money?
All types – from new investors to very experienced investors, and from those buying rentals to those buying properties to flip. Anyone wanting to use leverage and put less of their own money down on a purchase uses hard money.
What are the advantages of using hard money?
- Simple qualification process
- Fast Closing
- Allows for multiple deals
- Leverages your money almost 3 to 1 verses conventional or bank financing