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Hard Money Loan Florida Bonita Springs 34135
[money key=”0″] Hard Money Loan Florida Bonita Springs What is hard money loan? A hard money loan is a loan given to a borrower from a lender based chiefly on the value of the collateralized asset that is underlying. Traditional banks and lenders focus mainly on the credit and income of the borrower where asset based lenders aka hard money lenders focus primarily on the value of the asset used as security for the loan. Where traditional loans are normally for 15–20 year durations, hard money loans are used as a short term option (1–3 years normally) as a bridge to …