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Hard Money Loan Florida Altamonte Springs 32714
[money key=”0″] Hard Money Loan Florida Altamonte Springs What is hard money loan? A hard money loan is a loan given to your borrower from a lender based chiefly on the value of the collateralized asset that is underlying. Traditional banks and lenders focus chiefly on income and the credit of the borrower where asset based lenders aka hard money lenders focus mainly on the value of the asset being used as collateral for the loan. Where traditional loans are usually for 15–20 year periods, hard money loans are used as a short term option (1–3 years commonly) as a bridge …