Private Hard Money Lenders Canada
Canadian Hard Money Lender
We lend on short term basis on an investment properties.
Loan to value ratio shall not exceed 66%.
Instant funding available provided all information is provided.
A hard money loan is a specific type of asset-based loan financing through which a borrower receives funds secured by the value of a parcel of real estate.Private Hard Money Lenders usually fund deals which are acquired far below market value.
AACI appraisel is required with all proper documents to secure first mortgage or lien on the subject property,
Hard money loans are typically issued at much higher interest rates than conventional commercial or residential property loans and are almost never issued by a commercial bank or other deposit institution.
Hard money is similar to a bridge loan, which usually has similar criteria for lending as well as cost to the borrowers.
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