Hard Money Loans

The mortgage professionals at Niche Loans are here to find the right financing solution for your real estate needs. We offer asset-based financing such as hard money and private money loans, as an alternative to conventional financing that is based on credit and financial history. Our team can offer you fast approval and quick closings for hard money financing in Oakland, CA, and nationwide. Contact Niche Loans today to discuss your financing goals and explore your options today.

What is a Hard Money Loan?

Hard money loans are qualified based on the value of the property being purchased rather than the borrower’s financial history or credit worthiness. Generally speaking, they are short-term loans, lasting anywhere from a few short months, up to a few years. Hard money loans will normally have higher interest rates than conventional loans given their short-term nature and qualification processes. Most lenders will finance up to roughly a 75% LTV so that borrowers keep a little “skin in the game.” Depending on the situation and lender, this can vary.

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Hard money is often used when borrowers:

  • Want to Flip” houses, performing renovations and reselling property
  • Are looking for fast real estate loan approval with minimal red tape
  • Have less-than-perfect credit history or other financial discrepancies in the past

Ultimately, hard money loans deliver fast financing to clients with minimal emphasis on their financial history.

Hard Money Loan Eligibility

Because hard money loans are approved on a case-by-case basis, there are no approval requirements set in stone. Each hard money loan Is unique. Terms outlined are dependent upon the value of the property being financed and the borrower’s unique needs. We will determine interest rates, loan term, LTV ratio, and other specifics based upon the level of risk we undertake as a lender and the potential value of the property being financed.

Hard money loans may be used for single- and multi-family residential homes, commercial and industrial properties, land and other investment properties.

If you are an investor considering a hard money loan or other type of financing, contact Niche Loans today. Our skilled mortgage professionals will help you understand the ins and outs of hard money loans and compare them with other lending options you may want to consider. We help clients in Oakland, CA, and nationwide with hard money loans.


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Why Us

Our exceptional reputation as a Hard Money / Private Money Broker has been built on our capability to provide quick financing solutions for borrowers. Having an experience of years in commercial loans, we are able to process your loan application quickly.

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