Hard Money

Hard Money Loans (Short-Term Real Estate Financing)

Hard money loans are short-term, asset-based financing solutions commonly used by real estate investors and buyers who need speed, flexibility, or non-traditional approval. These loans are secured primarily by the property itself rather than traditional income documentation.

At Seattle Mortgage Pros, we help borrowers determine when a hard money loan makes sense and structure financing that supports a clear exit strategy.

What Is a Hard Money Loan?

A hard money loan is a short-term real estate loan funded by private lenders. Approval is based largely on the value of the property, the equity position, and the overall investment strategy rather than traditional lending guidelines.

Hard money loans are often used when:

• Timing is critical
• The property needs renovation
• Traditional financing is not immediately available
• The borrower plans to refinance or sell

These loans are designed to be temporary solutions, not long-term mortgages.

Common Uses for Hard Money Loans

Hard money loans are commonly used for:

• Fix-and-flip projects
• Bridge financing
• Purchasing distressed or non-habitable properties
• Competitive purchases requiring fast closings
• Short-term cash-out opportunities

Because of their flexibility, hard money loans can unlock opportunities that traditional loans cannot.

Purchase & Refinance Options

Hard Money Purchase Loans

Hard money purchase loans allow buyers to close quickly—often in days rather than weeks—making them useful in competitive or time-sensitive situations.

Hard Money Refinance / Bridge Loans

Hard money refinance options may be used to:

• Pay off an existing loan
• Access short-term capital
• Bridge the gap before permanent financing

These loans are typically followed by a refinance into a long-term loan once the property or borrower qualifies.

Key Characteristics of Hard Money Loans

Hard money loans typically feature:

• Short loan terms
• Higher interest rates than traditional mortgages
• Asset-based underwriting
• Flexible documentation requirements

Because of these factors, having a clear exit strategy—such as selling or refinancing—is essential.

When Hard Money Loans Make Sense

Hard money loans may be a good option when:

• Speed matters more than rate
• The property does not qualify for traditional financing
• The borrower plans to refinance into a long-term loan
• The investment timeline is short-term

They are often used strategically as part of a broader financing plan.

How Seattle Mortgage Pros Helps With Hard Money Loans

Seattle Mortgage Pros helps borrowers evaluate hard money loans carefully and strategically. We focus on understanding your goals, timeline, and exit plan to ensure the loan aligns with your overall objectives.

Our approach includes:

• Honest evaluation of whether hard money is appropriate
• Access to reputable private lenders
• Clear explanation of costs, timelines, and next steps

We prioritize long-term success—not just short-term funding.

Explore Hard Money Loan Options With Clarity

Hard money loans can be powerful tools when used correctly. With the right structure and guidance, they can help investors and buyers move quickly and capitalize on opportunities.

Seattle Mortgage Pros is here to help you explore whether a hard money loan fits your strategy and what the next step should be.

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