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

Five Reasons You May Need a Bridge Loan
Added September 21, 2017

A bridge loan is a short term loan, somewhere between six and twelve months, that helps “bridge” the gap of financing between selling an existing home and buying a new one. Like a hard money loan, it bases its value off of the existing equity in the property, and not really on the borrower. So what type of situation would need a bridge loan? It’s more common than you might think - and it may be a valuable option if you are considering relocating quickly. Job relocation. In th...Read More

Five Myths About Hard Money Lenders
Added September 05, 2017

There are several situations where a conventional bank loan is not the best option for what you are trying to achieve. Maybe your credit is not where you need it to be, or maybe you are not looking for a thirty-year commitment. Whatever the situation, you may have been referred to a hard money lender. While you may be hesitant at first because of what you have heard about these types of loans, they can be advantageous to your cause. Below are myths debunked about the hard money lender business,...Read More