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Hard Money Loan Florida Tampa 33602
[money key=”0″] Hard Money Loan Florida Tampa What’s hard money loan? A hard money loan is a loan given to a borrower from a lender based mostly on the value of the asset that is collateralized that is underlying. Traditional banks and lenders focus primarily on the credit and income of the borrower where asset based lenders aka hard money lenders focus mainly on the value of the asset being used as security for the loan. Where traditional loans are normally for 15–20 year durations, hard money loans are used as a temporary option (1–3 years usually) as a bridge to …