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Hard Money Loan Florida Key Biscayne 33149
[money key=”0″] Hard Money Loan Florida Key Biscayne What’s 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 mainly on the value of the asset used as security for the loan. Where conventional loans are normally for 15–20 year durations, hard money loans are used as a short term alternative (1–3 years normally) as a bridge to acquire …