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Are You Looking for a Hard Money Lender or Loan?
BiggerPockets is committed to provide our users with the most comprehensive directory of hard money lenders online. To help our users better screen lenders in their area, we've compiled a vast listing of HMLs to help you out. Connect with lenders listed here to find the hard money loan you're looking for.
Visit the Featured Lenders listed on the map in yellow below, or click the map or links to the right to peruse the 200+ lenders in the directory.
Browse Hard Money Lenders by state:
Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · Washington, DC · West Virginia · Wisconsin · Wyoming
356 total listings
Hard Money Lenders are private companies or individuals who lend out capital to fund real estate deals. The loans, called "Hard Money Loans" or "Private Money Loans" can be a significant source of financing for real estate investors needing short-term access to funds. This directory includes hundreds of hard money lenders from across the country who have money to loan.
Hard money lenders have a variety of different rates, fees, and terms that you will need to become fully acquainted with. Rates and fees are typically much higher than conventional mortgages, usually ranging between 8 and 15% depending on the loan amount and term length. When taking out a hard money loan, you will usually pay a fee ranging between 3 and 10 % of the loan amount; this fee is also known as paying "points."
Finally, hard money lenders typically lend for only very short terms, usually between 6 and 24 months. Hard money loans should never be used in place of a regular mortgage - such as for a rental or your primary residence, unless you have a clearly defined exit strategy in place to pay the loan off within the time frame allocated.
Check out the links below for more great educational information about hard money lenders:
Inclusion on any list is not an endorsement by BiggerPockets of a lender or any of its products or services. Always do your due diligence when connecting with any of the companies listed within.