General
Often referred to as a private money loan, this is a short-term loan offered by a private lender. It is usually secured by real estate and is intended for investment purposes.
Yes, you can absolutely get a hard money loan with bad credit. Hard money lenders focus more on the value of the collateral rather than credit score. However, bad credit may result in a higher interest rate. There are options to consider. Contact us to learn more.
Hard money loans are typically for non-owner-occupied investment properties, but some private lenders may offer them for owner-occupied properties. Futures Funding Inc. does not offer any owner occupied solutions.
It is possible to use hard money loans for purchasing properties at foreclosure auctions.
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