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Hard Money Loan Lending Terms


Terms & Fees

  • 24 hours closing possibleTerms and fees
  • Loan terms are 6-12 months depending on borrower and project
  • Interest rate ranges from 10%-13%
  • 1.5-3.5 points/loan origination fee
  • Interest payments will be due monthly
  • No prepayment penalty for paying off loan early
  • 30-90 day extension at lenders discretion
  • All closing costs and points are due from borrower at closing
  • Loan fees may be financed if loan below max LTV and/or lender approval
  • Maximum LTV up to 70% of ARV
  • $850 Closing fee – includes appraisal, documents, processing, & flood cert
  • Loans are made on (ARV) after repaired value
  • Loans available from $20,000 up to $5,000,000
  • Purchase price only loans available
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