Ultimate Guide to Hard Money Loan - PowerPoint PPT Presentation

About This Presentation
Title:

Ultimate Guide to Hard Money Loan

Description:

A hard money loan is a type of loan that is secured by real property. Hard money loans are considered loans of "last resort" or short-term bridge loans. – PowerPoint PPT presentation

Number of Views:39
Slides: 8
Provided by: privatecapital
Category: Other

less

Transcript and Presenter's Notes

Title: Ultimate Guide to Hard Money Loan


1
Ultimate Guide to Hard Money Loan
2
What is Hard Money Loan?
  • A hard money loan is a type of loan that is
    secured by real property. Hard money loans are
    considered loans of "last resort" or short-term
    bridge loans.

Source https//www.investopedia.com/terms/h/hard_
money_loan.asp
3
Key Takeaways
  • Hard money loans are primarily used for real
    estate transactions and are money from an
    individual or company and not a bank.
  • A hard money loan, usually taken out for a short
    time, is a way to raise money quickly but at a
    higher cost and lower LTV ratio.
  • Default by the borrower can still result in a
    profitable transaction for the lender through
    collecting the collateral

Source https//www.investopedia.com/terms/h/hard_
money_loan.asp
4
Facts About Hard Money Loans
Hard money lenders are legitimate business owners.
The name simply indicates that the loan is
secured by a hard asset.
Hard money interest rates are high for a reason.
Borrowers can still profit using hard money loans.
Source https//montegra.com/2017/11/01/8-facts-mi
ght-not-know-hard-money-loans-lenders/
5
Facts About Hard Money Loans
Hard money loans can work for longer
rehabilitation projects.
Even legitimate businesses use hard money loans.
Hard money is not 100 financing.
Hard money loans are good for more than just
house-flipping.
Source https//montegra.com/2017/11/01/8-facts-mi
ght-not-know-hard-money-loans-lenders/
6
Interest Rate on Hard Money Loan
  • The lenders interest rate for a hard money loan
    is likely going to be between 8 and 18 percent of
    the loans value.

Source https//socotracapital.com/how-do-hard-mon
ey-loan-interest-rates-compare-to-that-of-traditio
nal-loans/
7
  • Are you looking for a reliable commercial hard
    money loan?
  • Contact Private Capital Investors team, who will
    guide you through the risks and benefits of
    commercial bridge loans and help you find the
    best solution for you.

Apply for Hard Money Loan
Write a Comment
User Comments (0)
About PowerShow.com