A residential hard money loan is a kind of loan in which a borrower gets funds based on the value of a specific commercial or residential real estate. The term hard money refers to the difficulties in acquiring a loan. Hard money loans offer high interest rates and lower loan-to-value ratios, as there is no government institution that backs the lender. The loans are given against the value of real estate collateral.
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Residential Hard Money Loans
September 5th, 2010 
Thomas Morva 
Posted in Business Loans 
Tags: bank, bank workouts, estate collateral, hard money lenders, high interest rates, interest, land acquisition development, Loan, Money, property, Thomas MorvaArticle, value 
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