What Is Commercial Hard Money Lending?
With a commercial hard money loan, underwriting decisions are based on the borrower’s “hard assets” (real estate assets). Such loans are also called “no-doc loans”, “private hard money loans”, “bridge loans”, etc. For a commercial hard money loan, the lending decision is based on the “commercial asset” (Property) as opposed to relying heavily on a borrowers credit, financials, etc.
The loan is secured by a first mortgage.
By relying on the property as opposed to strictly the borrower, private lenders are able to fund transactions that might not fit traditional lending guidelines. Our underwriters are unique lender in the hard money space.
Our direct lender and lend their own funds; we underwrite in house without any upfront fees for due diligence, etc.
COMMERCIAL LENDING PROGRAMS
- COMMERCIAL PURCHASES
- COMMERCIAL FIX AND FLIPS
- COMMERCIAL CASH OUT REFINANCE
- COMMERCIAL CONSTRUCTION
- ASSET BASED LENDING