Hard Money Loans for Fix-and-Flip and Bridge Financing

Understanding Hard Money Loans

Hard money loans are short-term loans based primarily on the value of the property rather than the borrower's income. They're built for speed and flexibility when a conventional lender can't close in time or won't lend on the property's current condition.

Investors use them to buy and renovate distressed homes, bridge the gap between purchases, or win a competitive deal with a fast close.

Who it's a good fit for

• Fix-and-flip investors
• Buyers who need to close quickly
• Properties that don't qualify for conventional financing because of their condition
• Borrowers who need a short-term bridge before refinancing or selling

Key details

• Loan amounts are based on the property's value, and sometimes on its after-repair value.
• Terms are short, often a year or two, with a plan to sell or refinance.
• Rates and fees are higher than long-term financing in exchange for speed and flexibility.
• Business-purpose only; not for a home you'll live in.

Where we lend

Available throughout our service area. See all areas we serve →

Related programs

Information on this page is general and educational. Loan approval, terms and eligibility depend on your full application, credit, property and current program guidelines.