FAQs

How Do They Work?​

  • Apply For A Hard Money Loan

    Get started by completing the form below and an associate will reach out to get your loan details
  • Apply For A Hard Money Loan

    Get started by completing the form below and an associate will reach out to get your loan details

FAQs – Hard Money Loans

FAQs – Hard Money Loans

A hard money loan is a real estate-backed loan where a borrower receives funds secured by equity in their property (or properties). Hard money lenders like Hard Money Loans GLHF are mainly focused on the equity in the property as opposed to borrower credit and financials. Hard money loans are typically short-term ranging from six months up to two years.

Most of our portfolio is in California but we do have the ability to lend nationwide. We strongly prefer to lend in major-metropolitan areas.

Hard money lenders like Hard Money Loans GLHF primarily focus on a property’s equity to secure the loan. The borrower’s credit is considered, but is not a primary determinant in the underwriting process.

We will consider a wide variety of loan types including: purchase, refinance, cash-out refinance, partnership buyouts, rehabs, 1031 exchanges and value-added acquisitions.

Hard Money Loans GLHF will consider a wide variety of property types including: office, retail centers, industrial, hotels, parking lots/structures, condo inventory, entitled land, multifamily properties, non-owner-occupied single-family homes, vacation homes and rentals, primer loans and bridge loans.

Our interest rates typically range from 8.5% to 12%, interest-only. Lender origination points typically range from 1% to 5% of the loan amount. The borrower pays for standard closing costs (title, escrow, legal).

After receiving a signed term sheet, Hard Money Loans GLHF typically funds a loan in five to seven business days.

You can either complete our online loan application, email or call us. We would prefer to talk through your loan scenario directly, as we can determine in a matter of minutes, once we have a few simple questions answered, if we have interest.

Speak with a representative

CALL

Legal Disclaimer: paydayloansonlineglhf.com IS NOT A LENDER AND IS NOT INVOLVED IN THE LENDING PROCESS. THE WEBSITE FUNCTIONS AS A FREE ONLINE PLATFORM THAT ESTABLISHES A CONNECTION BETWEEN A USER AND A LENDER. LENDERS ON THIS PLATFORM MAY OFFER PERSONAL LOANS FROM $100 TO $5000. WE DO NOT PROMOTE OR REPRESENT PARTICULAR LENDERS; HENCE, WE DO NOT HAVE ANY CONTROL OVER LENDERS. THEIR OFFERS, TERMS, ACTIONS AND INACTIONS ARE BEYOND OUR RESPONSIBILITY. WE DO NOT GUARANTEE THAT YOU WILL BE CONTACTED BY A LENDER OR THAT YOU WILL BE SATISFIED WITH TERMS AND CONDITIONS OF A LOAN OFFER MADE TO YOU BY ONE OF THE LENDERS. WE ALSO DO NOT ENCOURAGE YOU TO AGREE TO THESE OFFERS. CONCLUDING A LOAN AGREEMENT WITH A LENDER AND GIVING YOUR E-SIGNATURE TO A DEAL IS YOUR DECISION AND YOUR RESPONSIBILITY. paydayloansonlineglhf.com MAY NOT BE AVAILABLE IN ALL STATES AND ITS AVAILABILITY IS SUBJECT TO CHANGE.
ALL THE INFORMATION YOU CAN FIND ON paydayloansonlineglhf.com IS GIVEN “AS IS” AND IS SUBJECT TO CHANGE. YOU ACCESS IT VOLUNTARILY AND AT YOUR OWN RISK.

WE RESERVE THE RIGHT TO SHARE YOUR PERSONAL INFORMATION WITH OUR PARTNERS, AFFILIATES, PARTICIPATING LENDERS IN ACCORDANCE WITH OUR MARKETING PRACTICES AND PRIVACY POLICY.

OUR VIEWS, GOALS, POLICY, TERMS AND CONDITIONS ARE CLEARLY EXPRESSED IN THE CORRESPONDING SECTIONS OF THIS WEBSITE. BY ACCESSING AND USING paydayloansonlineglhf.com YOU ACKNOWLEDGE THAT YOU HAVE READ, UNDERSTOOD AND AGREED TO THEM. WE ALSO RESERVE THE RIGHT TO MODIFY THEM WHEN WE FIND RELEVANT TO DO IT WITHOUT NOTIFICATION.

Сredit Check: YOU UNDERSTAND THAT SOME LENDERS MAY CHECK YOUR PERSONAL INFORMATION AND REVIEW YOUR CREDIT WORTHINESS. THEY MAY TURN TO NATIONAL DATABASES AND CREDIT REPORTING AGENCIES. SOME OF THESE INQUIRIES MAY AFFECT YOUR CREDIT SCORE.
NOTE THAT THE AMOUNT THAT A LENDER MAY OFFER ALSO DEPENDS ON LOCAL REGULATIONS AS LEGISLATION OF SOME STATES LIMITS LENDING TERMS AND CONDITIONS.

Consumer Notice: PERSONAL LOANS ARE LOANS. THEY ARE NOT DESIGNED FOR DEALING WITH EXTENSIVE FINANCIAL DIFFICULTIES. IF HANDLED POORLY, THEY MAY TRANSFORM INTO A RATHER EXPENSIVE CREDIT OPTION. IF YOU EXPERIENCE SERIOUS BUDGET DIFFICULTIES, CONSULT CREDIT PROFESSIONALS FIRST. YOU ARE UNDER NO OBLIGATION TO USE OUR SERVICES.