May 4, 2026 · Nate Jones, NMLS #304056
What Is a Hard Money Loan?
A short-term, asset-based loan investors use to close fast on the right deals.
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What People Ask
What is a hard money loan?
A hard money loan is a short-term, asset-based loan used primarily by real estate investors. It closes fast — often in 7-10 days — and qualifies on the property value, not the borrower's income. Terms are typically 12-18 months with interest-only payments.
When do investors use hard money loans?
Hard money is used to buy distressed properties, fund fix-and-flip projects, or close fast on competitive deals where conventional financing is too slow. The exit strategy is either a sale or a refinance into long-term financing.