What does a hard money lender do?
Career: Hard Money Lender
A Hard Money Lender provides short-term, asset-based loans primarily for real estate investors. Instead of relying on the borrower's creditworthiness, they focus on the value of the property being used as collateral. These loans typically have higher interest rates and shorter repayment terms than traditional bank loans. Hard money lenders work with investors who need quick funding, often for property flips or other real estate projects.