What Are the Requirements for a Hard Money Loan?

2022-03-12T21:04:32-05:00March 27th, 2022|Categories: Hard Money, Hard Money Loans, Investing, Investment, Investment Properties, Investments|Tags: , , , , |

If you are an investor who needs to borrow hard money, and you've never done it before, you're most likely wondering what the requirements are to take out this type of a loan. This guide explains the requirements for a hard money loan so you understand the basics before you get in touch with the lender. What Are the Requirements for a Hard Money Loan?  First things first: a hard money loan is a short term loan that typically offers a higher interest rate than a conventional mortgage would. Many investors use these types of loans to purchase properties at