Investors Lending Group
Business Consultant in Tampa, FL
A Hard Money Loan is a collateral (or equity) based loan, which puts more emphasis on the lendable equity in your property rather than on your credit. Under current lending policies in the US, stated income loans are considered hard money loans. Hard Money Loans are not only for borrowers with credit issues. There are many reasons that one would seek a Hard Money Loan versus traditional domestic or commercial financing.