The process is explained more fully in the “Lending Process†section of this website, but it is never very cumbersome. You can also download our Free Report entitled “Seven Steps to Guaranteed Hard Money Loan Approval.†Unlike a conventional bank loan, you will only need to provide basic information about you and the property. We will evaluate the current and fixed-up value of the property, verify clean title and that we will hold a first lien position, and make sure you have the ability to rehab, sell, or refinance the property within the term of the loan. The process is much more streamlined than with traditional lenders, thus allowing you to obtain money faster.
