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LV Hard Money » #1 Residential Hard Money Loan Lenders
Since you are in the market for hard money financing, we know that time is of the essence!  
That's why we spent the time and money to create an INSTANT DECISION online hard money loan application.  If we can offer you financing, you will know within 60 seconds.  This is not a portal to some other website... this is technology LV Hard Money invested in. 


NOTICE OF DEFAULT?
No Problem!

 

NOTICE OF TRUSTEE SALE?
No Problem, but you'd better apply online right away!


NEED FAST CASH?
No Problem.  If you've got the equity, we've got the cash.


How does Hard Money Work?

A hard money loan is a real estate mortgage collateralized against the quick-sale value of the property for which the loan is made. We usually fund in the first lien position, meaning that we are the only mortgage holder. Occasionally, we will subordinate to another first lien position loan; this loan is known as a mezzanine loan or second lien.

We structure our loans based on a percentage of the quick-sale value of the subject property. This is called the loan-to-value or LTV ratio and typically hovers between 60-75% of the market value of the property. For the purpose of determining your LTV, the word "value" is defined as "today's purchase price." This is the amount a lender could reasonably expect to realize from the sale of the property in the event that the loan defaults and the property must be sold in a one- to three-month timeframe. This value differs from a market value appraisal, which assumes an arms-length transaction in which neither buyer nor seller is acting under duress.