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Hard Money Loan Florida Fernandina Beach 32035
[money key=”0″] Hard Money Loan Florida Fernandina Beach What’s hard money loan? A hard money loan is a loan given to a borrower from a lender based mainly on the worth 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 chiefly on the credit and income of the borrower. Where traditional loans are generally for 15–20 year terms, hard money loans are used as a short term solution (1–3 years usually) as a …