Where Can I Get a Hard Money Loan?
Feb. 19, 2025
If you’re asking “Where can I get a hard money loan?” you’re likely in one of a few situations: you’ve got a deal and need fast funding, a bank turned you down, or you’re looking to rapidly scale your investing business. You know you need access to alternative capital—now you just need to find the financing partner that works for you. Your situation will determine the best fit, but we’ll give you some guidelines to help you make the right decision.
Understanding Hard Money Loans
First, we need some clarity around what a hard money loan really is. Hard money is a term for short-term loans, from private funding lenders, secured by tangible assets. With a simple definition out of the way, it’s often better to think about what it really is. Hard money is there to get deals done. The people that fund hard money loans are 100% deal-oriented—at least, that’s the way we are at The Hard Money Co. We Fund Deals.
But not every deal is fundable. The most important characteristics of a deal are:
- You need the property under contract. You can start an application without it, but a deal will never close without a signed contract. How close are you to locking it in?
- You need some cash or collateral. There’s no such thing as a free roll. Hard money is no different—you need to bring something to the table.
- Experience matters. Everyone starts somewhere, but if you can prove you know what you’re doing, it goes a long way toward getting approved.
What kind of deals do we fund? Typically, hard money loans are for people looking to perform a fix-and-flip or execute the BRRRR strategy. These are the most tried-and-true approaches, but other deals can make sense, too. The best thing you can do is clearly articulate how you’re going to execute and profit.
Where to Look for a Hard Money Lender
Now that you know what you’re looking for, you need to know where to look. Google is a good place to start, but you’ll have to sort through a lot of noise before you find the right lender. If you found us on Google, you probably had to scroll through a bunch of ads before landing on this page. All that “pick me, pick me” makes it hard to know who’s actually the best for your deal.
The most important thing to look for in a hard money lender is often overlooked at first glance: Can they get the deal done? It’s shocking how often people shop for rates, negotiate credits, and chase small savings—only to find out the lender can’t close the deal in time. Identify someone who can get you to the closing table.
Beyond that, work with someone who is transparent and communicative. Are they answering your questions quickly and honestly? Are they ghosting you for extended periods? Do you even know where the funding is coming from? Many lenders are just middlemen, packaging your deal and selling it to the highest bidder. Is that who you want to do business with, or would you rather work with the same team from start to finish?
Finally, look at the cost. You’re in this to make money, so you want to minimize expenses—but only once you’re sure your deal is actually closing. The cheapest lender isn’t worth much if they can’t fund your deal on time.
What to Expect in the Loan Process
The loan process starts with an application. Whether or not you’re ready to commit to a lender, you should be submitting applications and starting conversations. Our loan app is free, and if your deal looks good, we’ll have terms to you within 24–48 hours.
Once the ball is rolling, be prepared to provide your loan originator with as much information as they need. The process should be viewed as a partnership, which means effort on both ends. You’ll be asked to demonstrate your cash on hand (for down payment), your experience, and provide a comprehensive scope of work to outline your repairs. Every deal is a little different, but your dedicated originator will know exactly what you need to get to the finish line.
If everything is in order, we’ll fund your deal in as little as 7–10 days.
Conclusion
The question isn’t just “Where can I get a hard money loan?” but “Who can actually fund my deal?” Finding the right lender means working with someone who can close, who is upfront about their terms, and who understands your investment strategy. At The Hard Money Co., we’re not just in the business of lending money—we’re in the business of funding real estate investors who are ready to execute.
If that sounds like you, let’s talk.
