Our other blog posts have discussed critical information you should know before going with a hard money loan. But, are hard money loans actually a good idea?  Well let’s break it down. Hard money loans may provide an easy path to fast cash to buy real estate. However they come with much higher costs that could increase your risk of default. A hard money loan is a collateral-based lending. Basically it means that a lender places the most weight on the property when determine if and how much to lend rather than based on your income, assets, or credit payment …

In our previous blog posts we have discussed what a hard money loan is, the terms, and some pros and cons. Today we are going to dive deep into exactly what a Hard Money Loan is, the differences between a hard money loan and a bridge loan, and what it can do for you.  A hard money loan in short is a high-risk, high-yield financing option in which an investor secures the funds from a lender with real property. Typically you will only find hard money lenders in the U.S. and Canada.  Similar to bridge loans, hard money loans are …

In our last blog post, we discussed what exactly a hard money loan is and how it works. Today we will discuss the pros and cons of a hard money loan. When it comes to choosing a loan you should always do your in-depth research but our team has developed an awesome list of pros and cons if you are considering a hard money loan. So let’s jump right in: Cons: To start, hard money loans aren’t a perfect solution- we will be the first to say that because there are two major drawbacks:  Hard money loans are convenient but …

Hard Money Lender Jacksonville RATES STARTING AT 7.49%*+ 1-3 YEAR TERM INTEREST ONLY UP TO 80% LTV QUICK 7 DAY CLOSING NO VERIFIED INCOME CALL US AT: 954-320-0242 APPLY NOW Does that sound like something you are interested in? Learn why we are rated as the #1 Hard Money Lender in Jacksonville by Real Estate Investors What’s hard money loan? A hard money loan is a loan given to your borrower from a lender based chiefly on the worth of the underlying asset that is collateralized. Where asset based lenders aka hard money lenders focus mainly on the worth of …

Capital Funding Financial who is one of the nation’s largest private lenders has closed over 250 Million in transactional volume on business purpose loans.