Hard Money Loan Port Saint Lucie APPLY NOW What is hard money loan? A hard money loan is a loan given to a borrower from a lender based primarily on the value of the underlying asset that is collateralized. Where asset based lenders aka hard money lenders focus primarily on the value of the asset used as security for the loan traditional banks and lenders focus primarily on the credit and income of the borrower. Where traditional loans are generally for 15–30 year durations, hard money loans are used as a short term option (1–3 years normally) as a bridge to acquire …
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