What are Hard Money Loans and Who Should Use Them?

Don’t let the name fool you; there’s nothing hard about hard  money loans. In fact, hard money lenders like Hanson Capital  Group make the process surprisingly simple.

What is hard are traditional loans. Banks, both big and small, often  have a complicated and strict loan process. From confusing  paperwork to impossibly high credit standards and impersonal loan  officers, traditional loans aren’t traditionally easy on any level.

Introducing hard money loans: the modern day replacement to  archaic bank loans.

 The Low Down on Hard Money Loans

Hard money loans, by definition, are private loans, meaning that  banks aren’t involved at all. The money comes from individuals or  companies. The advantage of this lies in the fact that hard money  lenders don’t have to rely on credit scores, banking history, or  income. The financial decision rests entirely on collateral.

 RelatedWhen Other Banks Say No, We Say Yes

Here at Hanson Capital Group, a hard money lender in Phoenix, AZ, our lending process is straightforward. We provide no hassle, short-term financing without all of the scrutiny of a typical bank. Our clients come to us because they know they can get quick and trusted sources of capital for the times when they need it most.

Who are the Borrowers

Generally, hard money lending is suited toward borrowers who:

  • need money quickly
  • aren’t credit worthy according to banking standards
  • don’t qualify for traditional bank loans
  • have an excellent investment opportunity but don’t have the financial strength needed to pursue it alone

If you’re tired of jumping through hoops and being pawns in the corporate game, consider a hard money loan… an easy solution to a hard financial situation.

Visit Hanson Capital Group for more information on our hard money loan programs in Phoenix and beyond, or call 480.685.4923.

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