One of the best things about a hard money loan is the speed at which you can get one. Approvals are typically granted within 24 hours and settlements can take place in less than a week. Many loans we close are within a few business days (and we have even closed loans in 1 day).  Remember, however, that the lender does have due diligence and underwriting to conduct depending on the overall project.  This may include: property inspections, order and inspect title work, and have lender documents drafted. This could take anywhere from a few hours to a few days depending on the circumstances but, in a rush situation, we may be able to speed up the process to accommodate you.