A hard money loan is a specific type of asset-based loan financing through which a borrower receives funds secured by the value of a parcel of real estate. Hard money loans are typically issued at much higher interest rates than conventional commercial or residential property loans and are almost never issued by a commercial bank or other deposit institution. Many hard money mortgage loans are made by private mortgage investors, generally in their local areas
RDS Real Estate is here to answer your questions about hard money loans, home refinance loans, or understanding the home equity loan vs line of credit. Purchasing and leasing property can be confusing so let us go to work for you to help with the process. Contact us today.