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Hard Money Loan Florida Port Salerno 34992
[money key=”0″] Hard Money Loan Florida Port Salerno What is hard money loan? A hard money loan is a loan given to your borrower from a lender based mainly on the value of the asset that is collateralized that is underlying. Where asset based lenders aka hard money lenders focus mainly on the worth of the asset being used as security for the loan traditional banks and lenders focus mainly on the credit and income of the borrower. Where conventional loans are generally for 15–20 year periods, hard money loans are used as a short term alternative (1–3 years commonly) as …