Google 5-Star Rated Direct Hard Money Lender
515 South Flower Street, 18th Floor
Los Angeles, CA 90071
Los Angeles, CA 90071
18205 N 51st Ave, Suite 115
Glendale, AZ 85308
Glendale, AZ 85308
600 West Broadway, Suite 700
San Diego, CA 92101
San Diego, CA 92101
121 Washington Ave N 4th Floor
Minneapolis, MN 55401
Minneapolis, MN 55401
325 North St. Paul Street, Suite 3100
Dallas, TX 75201
Dallas, TX 75201
110 16th Street, Suite 1400
Denver, CO 80202
Denver, CO 80202
MB#0938454 | CA BRE# 01796521 | NMLS# 237332
★★★★★
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What is a Good Hard Money Loan Rate?
/in Blog /by Sacha FerrandiInterest rates on hard money loans typically range from 8% to 15% APR. Compared to traditional mortgage rates, which hover around 6% to 7%, these rates are much higher, but for good reason. Hard money loans offer much greater speed and flexibility than other mortgage types. A “good” hard money loan interest rate can range […]
What is a Owner Occupied Hard Money Loan?
/in Blog /by Sacha FerrandiAn owner-occupied hard money loan is a short-term loan secured by real estate. These loans are used to purchase a property you plan on using as your primary residence. They offer faster timelines, flexible qualification, and easy access to funds. They can be used for a range of projects: rehabilitations, bridge financing, or renovations. How […]
What are Distressed Properties?
/in Blog /by Sacha FerrandiDistressed properties are homes or commercial buildings under financial duress that tend to sell under market value. This may be the result of a foreclosure or loan default, or the need for serious renovations. Distressed properties tend to be seriously attractive to investors. They offer the potential for significant discounts on purchase price, opportunity for […]
What are Hard Money Business Loans?
/in Blog /by Sacha FerrandiHard money business loans are short-term, asset-based financing solutions that are secured by real estate and funded by private lenders. Unlike traditional mortgages, these loans put little, if any, weight on credit score, income, or financial background. They’re primarily concerned with the property used as collateral. Hard money business loans can be used in a […]
What is Hard Money? The Ultimate Guide
/in Blog /by Sacha FerrandiPrivate money loans are flexible, quick financing options individuals or companies provide. They are often based on the value of the property or asset rather than the borrower’s credit score. These loans are best suited for real estate investors, house flippers, and those with unique financial situations needing fast access to funds. Source Capital offers streamlined private hard money loans with same-day approvals and flexible terms.