Yes, we do bridge loans on commercial properties. Most commercial property owners use Hard Money Bankers for our quick turn-around and flexible process. Most of our loans on commercial properties can close in less than ...
A commercial hard money loan is a short-term, asset-based loan used to finance commercial real estate projects. These loans are funded by private investors and lenders or investment groups and are secured by the value ...
Usually not but it could vary from deal to deal. Because much of the money used for hard money loans comes from private investors who want to keep our money working, we often require a ...
We are committed to help you with your real estate project so if you are performing and need to extend your loan its usually is fine. Our initial loan term is usually 12 months (sometimes ...
We usually lend on appraised ARV (after-repaired-value). Thus, if you purchase a property far under its ARV, we may be able to lend you the majority of the purchase price. Each project is different so ...
Hard Money Bankers lends on all types of residential investment properties and commercial buildings. Common property types are: Single-family residences, 1-4 unit properties, apartment buildings, retail shops, self- storage facilities, office buildings, small bars or ...
Yes, absolutly. Brokers are welcome and protected. A large amount of our loans come from Brokers all around the country and we work with them to help structure the best loan for their clients. ...
Yes, Hard Money Bankers does pull credit, but it is usually not the primary factor in our lending decisions. Unlike traditional lenders, we focus more on the property’s value and equity than the borrower’s credit ...
No. Each deal stands on its own. If it makes good loan sense, you will get the loan regardless of how many properties you own. We have clients that we have multiple outstanding loans with ...
Usually yes. Although there are times when we will not allow secondary liens, most times we don’t worry about where you come up with the remaining money to buy the property, whether from a business ...
Hard Money Bankers, LLC
10015 Old Columbia Rd, Suite H-125 Columbia, MD 21046
800.883.8290 | info@hardmoneybankers.com
All Rights Reserved. Hard Money Bankers, LLC makes commercial, business purpose loans. Loans are for investment purposes only and not for personal, family, or household use. Loan product availability may be limited in certain states. This is not a commitment to lend. All loans are subject to borrower underwriting and credit approval, in Hard Money Bankers sole and absolute discretion.
800.883.8290