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Hard Money Loan Florida Key Colony Beach 33051
[money key=”0″] Hard Money Loan Florida Key Colony Beach What is hard money loan? A hard money loan is a loan given to a borrower from a lender based mainly on the value of the collateralized asset 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 primarily on the value of the asset used as collateral for the loan. Where conventional loans are normally for 15–20 year durations, hard money loans are used as a short term alternative (1–3 years normally) as a bridge …