Hard Money loans are short-term, asset-based loans commonly used by real estate investors to purchase or refinance properties quickly. These loans focus more on the value of the property than on personal income or traditional loan documentation.
Hard Money loans are often used for fix-and-flip projects, cash-out refinances, bridge financing, and time-sensitive transactions.
Instead of qualifying based on tax returns or employment income, Hard Money loans are approved primarily based on:
Because underwriting is streamlined, Hard Money loans can close much faster than traditional financing.
Hard Money loans generally require:
Loan terms often improve with stronger equity and experience.
Most borrowers plan to sell or refinance into a long-term loan once the property is stabilized.
Hard Money loans typically close within 10–25 days, depending on property review, valuation, and documentation.
A Hard Money loan can be a powerful tool if you need quick access to capital for an investment property—whether purchasing, refinancing, or repositioning a property for a future exit.
At Coast Capital, we help investors structure the right hard money financing and guide them from application through payoff or refinance with clarity and confidence.