HARD MONEY
Sometimes, traditional financing just won’t cut it — especially when speed, flexibility, or the condition of the property become roadblocks. That’s where hard money loans come in. Designed for real estate investors, developers, and business-purpose borrowers, these loans are based on the value of the property, not your income or credit profile.
At The McDaniel Mortgage Group, we offer asset-based lending that can close in as little as 7–10 days — giving you the power to move quickly when it matters most.
Why Choose a Hard Money Loan?
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Fast Approvals & Closings – Close in as little as one week
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Asset-Based Qualification – Based on property value, not tax returns or W2s
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Minimal Documentation – No income verification or employment history required
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Ideal for Fix & Flips, Bridge Loans, or Distressed Properties
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Flexible Terms – Custom structures to fit your timeline and strategy
Who Uses Hard Money?
Hard money loans are ideal for:
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Real Estate Investors acquiring fix-and-flip opportunities
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Buyers of distressed, auction, or REO properties
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Bridge Financing between purchases or refinances
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Business-purpose purchases backed by real estate
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Situations where traditional loans aren’t fast or flexible enough
How It Works
Hard money loans focus on the collateral — the property itself — rather than traditional qualifications like income or credit. That means:
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Approval is based on the property's current or after-repair value (ARV)
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You can often borrow up to 70-80% of the property value
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Loans are typically short-term, ranging from 6 to 24 months
When Speed is Your Advantage
In competitive markets, waiting weeks for bank approval can mean losing the deal. With hard money, you get:
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Fast funding to stay competitive
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Access to deals traditional lenders won’t touch
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Flexible exit strategies based on your goals
