If the word “hard money loan” conjures up images of quick and straightforward business transactions that culminate in “cold, hard cash,” you’re not far off the mark. However, just because this loan provides quick funding doesn’t imply it’s a good, safe alternative for everyone. So, what exactly are hard. money loans, and should you be afraid of them?
What are Hard Money Loans?
Hard loans are a fantastic option for financing commercial and residential real estate since they can provide several advantages that regular lending cannot, such as quick processing and more uncomplicated qualifications. Hard money loans come in a variety of forms. Because Gauntlet Funding is aware that every borrower has unique demands, they provide a variety of lending choices. One can opt for long or short term loan options.
Why is Gauntlet Funding Your Best Option?
A private finance organization with its headquarters in New York, Gauntlet Funding is made up of seasoned and competent business experts focusing on distressed asset financing and direct private lending.
The sector professionals at Gauntlet have been financing REOs, short sales, construction projects, and all varieties of residential and commercial properties for over 20 years, regardless of circumstance or condition.
To meet the needs of modern investors, Gauntlet Funding specializes in adaptable private hard money loan programs.
They provide non-conforming loan programs that help experienced high-volume investors, real estate professionals, and smaller investors who buy and sell one to three properties annually.
