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Hard Money Lender Florida Port Saint Lucie 34984
[dollars key=”0″] Hard Money Lender FL Port Saint Lucie 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 underlying asset that is collateralized. 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 worth of the asset being 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 normally) as a bridge …