Hard money loans are an alternative method of financing the purchase of real property. They are typically issued by private investors, lenders, or private companies, and usually have higher interest rates than conventional loans because of the higher risk on the loan that’s involved. However, hard money loan terms are usually shorter in their length of term and they can offer borrowers a quick money for commercial real estate investing deals.

If you’re looking for a tough loan that’s secured by real property, A hard money loan may work for your needs. With typically higher interest rates, this type of loan is best suited for those who are comfortable with taking on a bit more risk. Hard money loans are also shorter in duration than traditional loans, so you won’t have to worry about being tied down for the long term. If you’re looking for a flexible and fast loan option, a hard money loan could be the answer. Typically, hard money loans will need to be paid off, sold and transferred, or refinanced within a couple years of taking out a hard money loan.