Hard Money Company offers hard money loans for fix and flip investors. They have been in business since 2015 and funded over $100 million. Rates range between 9% to 16% and they’ll lend up to 70% LTV. No reviews were found online at the time of this writing.
Lender Information
| Business Name: | Hard Money Company |
| Business Website: | hardmoneycompany.com |
| Business Address: | 8150 Leesburg Pike, Vienna, VA 22182 |
| Business Phone: | 703-477-9211 |
| Business Email: | jerry@hardmoneycompany.com |
| Business Established: | 2015 |
Hard Money Company Rates & Terms
| Types of Properties | Non-owner occupied properties |
| Loan Amount | $50,000 to $5 million |
| LTV | 50% to 70% |
| ARV | Varies per project |
| Interest Rates | 9% to 16% |
| Lender Fees | Legal expense: $1000 to $1500 Appraisal service: $300 per property Points: Varies depending on address, neighborhood, and the physical facility |
| Loan Terms | 1 to 3 years |
| Minimum Qualifications / Documentation | No minimum credit score required |
| Time to Funding | 1 to 3 weeks |
| Other Financing Available | Commercial Loans Probate/Trust/Estate Loans Rehab Loans Fix and Flip Loans Bridge Loans Notes Foreclosures / REOs / Short Sales Residential Structures |
*Exceptions may be granted. Lender information is updated often, however exact lender terms may have changed.
Popular Hard Money Lenders 2019
Lender | Best For |
|---|---|
Investors who want competitive rates and fast funding for residential fix and flips | |
Landlords wanting to refinance or grow their rental portfolio | |
Short-term investors looking for a good residential fix-and-flip hard money loan option | |
Investors who want great customer service with a local bank feel from a 44-state lender | |
Fix and flippers who want an alternative to LendingHome, but with a commercial component |
States Currently Lending In
DC, Florida, Indiana, Kentucky, Maryland, Ohio, Virginia
