Hard Money Lenders IO is a Private Lending Company located in Miami, Florida. We provide financing solutions to real estate investors and entrepreneurs. Even though our main area of operations is the state of Florida, we also have a network of investors nationwide.
Within 3-4 days once we have the necessary documentation. However, the standard closing time for most of our loan programs is 2 weeks after the first contact with the borrower.
Not necessarily. We do consider it, but it isn’t what determines if we approve your loan or not.
Yes, you do. We ask our borrowers to have the cash to pay interest rates during the loan and to cover the cost overruns that might come up during the whole project.
No. Having a real estate investing background is beneficial and can help us move faster but we are open to working with primary borrowers as well.
Depending on your circumstances and the loan program, we can finance loan points.
You can fill out this form, call us or send us an email. Once we review your application we’ll get back to you and discuss more about how we can possibly work together.
We can provide approvals within 24 hours and can close in just a few days. Since we’re the decision-makers, we have the ability to give you an answer quickly.
Yes, we do provide loans to individuals regarding their experience. We also can provide solutions to companies such as an LLC or Corporation.
Usually, our payback time frame is 1-3 years. However, we’re very flexible with our terms and can be adjusted depending on your situation.
Yes, we do. The percentage of the down payment usually will be based on the risk of the deal, LTV or ARV.
We usually don’t require an appraisal. However, it will depend on the property deal.
Yes. We work with attorneys to make the process as clear as possible.
Yes, we do. But it isn’t our main focus point since all our loan programs are asset-based.
Yes, you can. That’s not something that holds us back from lending you money.
What we mean is that we focus more on the property deal you’d like us to fund, rather than making decisions based on other factors like your credit score.