Widest Selection of Private Hard Money Loans [Nationwide]

[James McAlister]

Widest Selection of Private Hard Money Loans [Nationwide]

All Types of Private Hard Money Loans: From Short-Term to Long-Term to Commercial to Construction.

One of our specialties at Glassridge is providing access to a wide variety of Private Financing all under one roof. We understand that Builders & Developers also do Fix & Flips and build Rental Property Portfolios, even if it’s just on the side as a personal investment. Buyers of Apartment Buildings also buy other types of Commercial Real Estate.

Real estate investors to a variety of different types of deals over the course of our careers, and we wanted to create a Lending Platform where you can finance all your deals under one roof.

Some Types Of Loans We Offer

We break our loans down into 4 main categories, each with several subcategories:

1. Short-term Residential Hard Money.

   • Real Estate Fix & Flip Loans.
   • Single Family Fix & Flip Loans.
   • 2 - 4 Unit Fix & Flip Loans.
   • Apartment Building (5+ Unit) Fix & Flips Loans.
   • Residential Bridge Loans.

2. Long-term Residential Hard Money.

   • Single Family Rental Property Loans.
   • 2 - 4 Unit Rental Property Loans.
   • Apartment Building (5+ Unit) Hard Money Loans.
   • Investment Property Refinancing Loans.
   • Blanket Portfolio Loans (3+ properties).

3. Commercial Hard Money.

   • Office Building Private Financing.
   • Retail Property Private Financing.
   • Industrial Real Estate Private Financing.
   • Commercial Bridge Loans.
   • Agricultural Real Estate Loans.

4. Construction Financing.

   • Single Residence Construction Loans.
   • Multi Property Construction & Development Loans.
   • Apartment Building Construction Financing.
   • Commercial Construction Loans.
   • Raw Land Acquisition Loans.

All-in-all, we offer about 23 distinct categories of Private Hard Money Loans, for every type of real estate deal you’re looking to finance.

Glassridge Typical Private Hard Money Loan Terms & Rates

As a nationwide lender with so many types of Private Hard Money Loan Programs, ranging from short-term (1 - 2 years) to long-term (30+ years), it’s hard to generalize.

However, below are some of our rough ballpark details that apply nearly across the board:

Hard Money Commercial Real Estate Loan Program Details

• Up to 60% - 90% LTV.
• Minimum Loan: $30k for Single Family, $150k for Apartment Buildings & Commercial.
• Maximum Loan: $100m+
• Minimum FICO Required: 500 - 700 (depending on loan type, terms, and rates).
• Typical Loan Term: From 1 - 2 years (for short-term Bridge Loans) to 30+ years (traditional Commercial Financing).
• Ballpark Interest Rates: 6.5% - 12% (depends on many factors).
• Ballpark Origination Fees: 2.5% - 5%

We also have specialized Private Hard Money Loan Programs to help cater to the needs of your unique scenarios, including Foreign National Hard Money Loans, ARV-based LTV Loans, and Low Doc / No Doc Loans.

Taking The First Step To Get Funded

If you’re wondering anything about our Private Hard Money Financing options, feel free to contact me here on BiggerPockets, or check us out at Glassridge.com.

If you already have a deal in mind, you can even get started by submitting it via our quick, online:

2 Minute Pre-Qual™

Once you submit your info there, myself or one of our other Financing Specialists will get back to you within 24 hours to either gather more info or provide a personalized rate quote.

You’re welcome to reach me via any of the contact info in my signature too.

Thanks for reading!