Hard Illinois Loan Money
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Hard money loan - A Hard Money Loan is a specific type of financing in which a borrower receives funds based on the value of a commercial real estate property. Hard money loans are typically issued at much higher interest rates than standard commercial or residential property loans and are almost never issued by a standard commercial bank.
Hard money lender - Hard money lenders are lending companies offering a specialized type of real-estate backed loan. Hard money lenders provide short-term loans (also called a bridge loan) that provide funding based on the value of real estate that has been collateralized for the loan.
Bridge Loan - A bridge loan is similar to a hard money loan. The lending criteria are generally based more on property value than on the credit profile of the applicant.
Hard money (policy) - Hard money policies are those which are opposed to fiat money and thus usually in support of a gold standard or similar.
hardillinoisloanmoney
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