Trying to find a rehab loan can be a challenging and time consuming process to go through on your own. The person who helps you get the money you need to borrow from private investors is a hard money lender specializing in rehab loans. (In the world of banking this person is generally referred to as a loan officer.) The Private Money Lending Guide includes lender specializing in rehab loans who can assist you.
In addition to helping you find hard money rehab loans, The Private Money Lending Guide is a comprehensive online resource for borrowers interested in learning more about the world of rehab loans and hard money lending.
Use our #1 Rehab Loan Directory
Use our nationwide rehab loan directory to find a hard money lender. You can search for a lender by:
- loan type
- keyword (e.g. construction loan or rehab loan)
Contact a Hard Money Lender
Contact one or more of the rehab loan hard money lenders and present your loan scenario. Then interview the lenders and choose the lender with whom you feel the most comfortable.
Frequently Asked Questions about Finding Hard Money Lenders for Rehab Loans:
How does the Private Money Lending Guide help me find lenders for Rehab Loans?
Our guide will give you the information necessary to directly contact a Rehab Loan hard money lender. Since you are able to choose lenders by loan type, it's the best directory of lenders in the country.
What is the best way to find rehab loans?
No matter what kind of loan you are looking for, whether it be a loan for commercial real estate, residential real estate, land, new construction, a rehab loan or a bridge loan, our hard money lending guide directory will put you in contact with the best rehab loan lenders so you can borrow money with loan terms that best fit your needs.
How do I find a hard money lender for rehab loans?
A rehab loan hard money lender is an extremely important resource when you are looking to get a rehab loan. To find a list of rehab loan lenders, visit our hard money lender directory which includes rehab loan lenders.
How do I apply for a rehab loan?
Begin by finding a rehab loan hard money lender that does the type of rehab loan you are looking for and then request a loan application.
How do I gain access to a list of rehab loan lenders?
Click on the blue directory button in the top right corner of the website to view the #1 resource list of hard money lenders in rehab loans. No other lending guide gives you the ability to search by loan types such as rehab loans, bridge loans, multi-family loans, commercial loans, residential loans, apartment loans, construction loans and a variety of other types of loans.
Are there hard money lenders for rehab loans who are currently lending money?
Yes. Regardless of whether or not the banks are lending, the hard money lenders in our guide are making rehab loans to hard money borrowers.
How can I find a list of hard money lenders for rehab loans?
Several real estate hard money lenders on our site specialize in rehab loans. Search our directory for rehab loan lenders.
Which is the best lender for a rehab loan?
If you are looking for the best hard money lenders for commercial rehab loans and business rehab loans, they can be found in the rehab loan section of the lending guide.
Where does the money come from in a hard money loan?
The funds come from private investors. The source could be an individual investor or a group of investors.
How do I know if I qualify for a hard money loan?
Find a lender who specializes in the type of loan for which you are looking. For example, if you need a loan for a commercial property, find an expert in commercial lending. The Private Money Lending Guide can assist you in locating a commercial hard money lender that is right for you.
Do I need equity to borrow hard money??
Yes and no. Hard money lending is primarily based on the asset you pledge as collateral. In general, most hard money lenders want you to have at least 40% equity in the property. The exact amount of equity varies by lender and investor, but it will be based on the amount and type of collateral. If you do not have equity in the project you are working on, hard money lenders will generally accept other collateral, such as equity in another property, as a guarantee on the loan.