• Home
  • Collateral Loans

Category: Collateral Loans

Use Your Property as Collateral for a Loan

If you have heard of a collateral loan but aren’t familiar with the term, collateral is simply an asset used to secure a loan. When you get a car loan the car itself is the collateral. The same thing is true if you have equity in your home. You can use that equity as collateral to secure a needed loan. Perhaps you want to make renovations but don’t have ready cash. Or, maybe you are interested in buying a vacation property. Regardless of the reason, collateral is a valuable way to get the money you need.

Continue reading

Using Your Home as Collateral

FL Hard Money Network | Siesta Key Home Refinance

Using your home as collateral on a loan is a common practice when obtaining home equity loans or lines of credit. The downside of this is that your home is now being used to secure the loan, and you could lose it if you are unable to make the loan payments. Review all home equity loan considerations before making the decision to secure a loan with your home.

Continue reading

Five Traits of a Good Hard Money Investor!

Daytona Hard Money Loan | Bradenton Debt Consolidation

Commercial hard money loans can be useful to property owners who need finances more rapidly than a commercial bank will provide, or who have less than ideal credit ratings. If the owner has reasonable income streams and the commercial property has adequate equity, hard money investors are interested in providing bridge financing to help your business grow.

If you are looking for hard money investors, there are five things you should look for in hard money investors. Let’s review them:

Continue reading

What is Free and Clear?

FL Hard Money Investor | Florida No Credit Home Mortgage

How many of us dream of owning our home “free and clear” in our lifetime? What does that term mean? Free and clear simply refers to the home having no loans or other encumbrances on it at that time. More important to the homeowner, it also means that the home’s value is all equity, something that may be useful to the owner if they wish to renovate or expand the home.

Continue reading

*We do not issue approvals. We are a marketing and lead portal. You will be contacted directly by our private investors. They will call you directly to determine the value and equity in your home and to help you throughout the approval process. Each inquiry is on a case by case basis. Thank you.


Copyright © 2020 Hard Money Network