Hard Money Loans
A hard money loan is a short-term, asset-based financing option used by both residential and commercial property owners to quickly secure the capital needed for real estate projects. Whether you're renovating, flipping, or purchasing property, a hard money loan can provide the fast funding necessary to move forward. These loans are particularly helpful when traditional financing isn’t available or is too slow. For example, if you’re waiting to sell a property but need immediate cash to acquire another one, AFI Private Lenders can help with a hard money loan secured by existing equity or owned property. If you own real estate outright or have substantial equity, it can be used as collateral to obtain the loan. Apply today and find out if you pre-qualify for fast funding!
Benefits of Hard Money Loans
Hard money loans offer flexible, fast-access capital designed to support real estate investors, developers, and business owners when timing is critical. Project delays or unexpected costs can stall progress — but a hard money loan helps keep things moving. These loans are ideal for unique or fast-moving projects, especially when traditional financing doesn’t align with the project timeline. Our lending team works closely with borrowers to structure terms that suit your needs and timeline so you can focus on completing your project.
Hard Money Loans vs Traditional Loans
Hard money loans differ significantly from conventional loans. While traditional loans are typically based on borrower creditworthiness and take time to process, hard money loans are asset-based and can be approved quickly. They are designed for short-term use and come with higher interest rates due to the speed and risk involved. Investors and developers use hard money to solve cash flow issues, complete renovations, or take advantage of immediate opportunities that require fast action.
How Hard Money Loans Work
Also known as private money loans or asset-based lending, hard money loans provide quick funding secured by real estate. Whether you're an investor flipping a property, a landlord rehabbing a rental, or a developer bridging a financial gap, these loans can help. Residential borrowers often use hard money loans to buy a new property while waiting to sell an existing one. On the commercial side, borrowers may use the loan for property repairs, tenant improvements, or to prepare for sale. Whatever your project needs, our team can provide fast, short-term capital to keep it moving forward.