Looking for residential hard money loans? Trying to find a residential hard money loan can be a challenging and time consuming process to go through on your own. The person who helps you get the money you need to borrow from private investors is a hard money lender. (In the world of banking this person is generally referred to as a loan officer.) The Private Money Lending Guide includes a directory of hard money lenders for residential loans who will assist you in getting a hard money loan.
In addition to helping you find a hard money lender, The Private Money Lending Guide is a comprehensive online resource for borrowers interested in learning more about the world of residential hard money loans and hard money lending.
Use our #1 Residential Hard Money Loans Directory
Use our nationwide lender directory service to find a hard money lender. You can search for a lender by:
Contact a Hard Money Lender
Contact one or more of the residential hard money lenders and present your loan scenario. Then interview the lenders and choose the lender with whom you feel the most comfortable.
Frequently Asked Questions about Finding Residential Hard Money Loans:
How does the Private Money Lending Guide help me find Hard Money Lenders for Residential Loans?
Our guide will give you the information necessary to directly contact a hard money lender to borrow hard money. Since you are able to choose lenders by loan type, it’s the best directory of hard money lenders in the country.
What is the best way to find hard money residential loans?
No matter what kind of loan you are looking for, whether it be a loan for commercial real estate, residential real estate, land, new construction, a bridge loan or a loan, our hard money lending guide directory will put you in contact with the best lenders so you can borrow hard money with loan terms that best fit your needs.
How do I find a hard money lender for a residential loan?
A residential hard money lender is an extremely important resource when you are looking to get a hard money loan for residential purposes. To find a list of hard money lenders for residential loans, visit our hard money lender directory which includes residential hard money lenders.
More FAQs about Finding Residential Hard Money Lenders
How do I apply for a hard money residential loan?
Begin by finding a residential hard money lender that does the type of hard money loan you are looking for and then request a loan application.
How do I gain access to a list of residential hard money lenders?
Click on the blue directory button in the top right corner of the website to view the #1 resource list of hard money lenders for residential loans. No other lending guide gives you the ability to search by loan types such as bridge loans, rehab loans, multi-family loans, commercial loans, residential loans, apartment loans, construction loans and a variety of other types of loans.
Are there hard money lenders for residential loans who are currently lending money?
Yes. Regardless of whether or not the banks are lending, the hard money lenders in our guide are making residential loans to hard money borrowers.
How can I find a list of hard money lenders for residential loans?
Several hard money lenders on our site specialize in residential hard money loans for residential purposes. For residential projects, search our directory for hard money lenders for residential loans.
Which is the best lender for a residential loan for real estate?
If you are looking for the best residential hard money lenders for loans secured by real estate, they can be found in the residential section of the hard money lending guide.
Where does the money come from in a residential hard money loan?
The funds come from private investors. The source could be an individual investor or a group of investors.
How do I know if I qualify for a residential hard money loan?
Find a lender who specializes in the type of loan for which you are looking. For example, if you need a residential loan, find an expert in residential hard money lending. The Private Money Lending Guide can assist you in locating a residential hard money lender that is right for you.
Do I need equity to borrow hard money?
Yes and no. Hard money lending is primarily based on the asset you pledge as collateral. In general, most hard money lenders want you to have at least 40% equity in the property. The exact amount of equity varies by lender and investor, but it will be based on the amount and type of collateral. If you do not have equity in the project you are working on, hard money lenders will generally accept other collateral, such as equity in another property, as a guarantee on the loan.