A hard money loan is a specific type of asset-based loan financing through which a borrower receives funds secured by the value of a parcel of real estate.
Non-conforming asset based loan
Rates start at 9.99%
Term 12 – 36 months (Usually with 6 – month Interest Guarantee)
History of low credit, short sales or foreclosures, foreclosure bailouts, etc.
Max LTV 60%