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Hard Money Loan Florida Orange City 32774
[money key=”0″] Hard Money Loan Florida Orange City What is hard money loan? A hard money loan is a loan given to a borrower from a lender based mostly on the worth of the collateralized asset that is underlying. Traditional banks and lenders focus primarily on income and the credit of the borrower where asset based lenders aka hard money lenders focus primarily on the worth of the asset used as collateral for the loan. Where conventional loans are normally for 15–20 year terms, hard money loans are used as a short term option (1–3 years commonly) as a bridge to …