Do all hard money lenders require 20% down?

[Jarvis Smith]

Hey BP. I'm looking at a property now for a fix and flip. Every hard money lender I've contacted requires 20% down payment. I was wondering if this was standard in the industry. I am a new investor and I do have some money to bring to the table, just not the full 20% down needed.

If anyone has any contacts for hard money lenders in the Seattle, WA Washington area that do not require 20% down plz let me know.

Thanks