Featured Hard Money Lenders


MyHardMoneyLenders.com is a comprehensive website that compiles information about private hard money lenders across the nation. This convenient website allows consumers to easily search for a private money lender in any U.S. state, whether it is Alabama or Wyoming.

Hard Money loans are available for a number of real estate specific transactions, including apartment building loans, bridge loans, commercial building loans, commercial construction loans, commercial property loans, direct lender financing, hard money lender financing, Merchant Cash Advances, real estate development loans and residential home bridge loans.

In hard economic times, it is difficult for banks and underwriters to fund on unique properties, especially those involving commercial transactions, bridge loans and multi-family units. Additionally, some banks are extremely particular about Jumbo Loans – amounts generally exceeding $417,000. Not only are underwriters and loan officers requiring borrowers to have flawless credit scores, minimum down payment amounts, a substantial cash flow and assets with verified stated income, but in a downturned economy where more employees are self-employed or own their own businesses, it’s becoming more difficult to obtain a government-approved loan.

If a borrower is turned down by a standard lending institution, albeit it a credit union, savings and loan, direct mortgage lender or bank, the remaining loan option is a hard money lender. These private companies have pools of investors that carefully invest their monies in high-interest, high-return loans. In return, less documentation is required and the government’s stringent underwriting guidelines do not apply.

An additional benefit of a hard money loan is a fast closing, with funds generally available within days instead of months. The typical banking loan requires a loan application with extensive income verification and documentation, an executed purchase and sale agreement, credit checks, necessary property inspections, a satisfactory title report, an adequate appraisal, is required to meet underwriter’s strict guidelines and if accepted, loan paperwork is completed, the transaction is sent to the local escrow company, the property closes and funds are dispersed. Alternatively, hard money lenders do require a loan application; however, extensive income documentation is not typically required. While an executed purchase and sale agreement is required for any contractual agreement, some hard money lenders do not require high credit scores, property inspections or standard underwriters’ guidelines. In fact, more decisions can be made in house, which helps facilitate a smooth, rapid closing.

Without the advantages of hard money lending, today’s real estate market would be struggling more than ever. Hard money lenders provide real estate investors with the economic means to purchase less desirable properties, flip them into livable conditions for first-time buyers and make the American home buying dream a reality for our economy’s future.

From Our Blog

Obtaining Hard Money Loans on Homes that Require Repairs
Added October 01, 2015

Homes that require repairs are generally listed and purchased below fair market value. This makes these homes very desirable for real estate investors. However, they often do not finance through traditional banking institutions. The following explains why banks avoid lending on homes that require repairs. Bank lenders use FHA guidelines, which help them to determine what condition homes need to be in to obtain a loan. Major systems, such as electrical, plumbing and heating need to be in prope...Read More

How a Hard Money Lender Saved Our Real Estate Transaction
Added September 14, 2015

My husband and I recently had the privilege of a hard money lender helping finance the buyer in our real estate transaction. We had recently purchased a no perc lot. For those not familiar with this term, it means that the soils on the property did not have a standard absorption rate for a standard septic system. The lot, in fact, required a winter percolation test, which requires very specific standards. Fortunately, the lot passed the winter perc test, allowing us to put the lot on the mar...Read More