Hard Money lending – Ideal option for immediate loans The hard money lender Houston, or, in other words is a lender who provides you loan based on the equity value of your property rather than looking at your credit worthiness or your debt to equity ratio for consideration of a loan. The loan facility comes as a great help for many money strapped individuals who own a property but lack funding for their other commercial or personal needs and hence seek money lending Houston. At home loans Austin they love to encourage borrowers to come to them for their hard money needs even though they have been turned away by other lenders or banks. They are quick to pay you your loan requirements once the appraisal activity is completed and normally fund you within ten days from the date of completing appraisal. Another important aspect that makes you look towards residential hard money loan Dallas is that unlike most lenders who provide anywhere between six to eighteen months of loan period, you are provided with three to seven years of loan repayment period and uses as collateral your real estate equity where your loan requirement could be for either a commercial or residential purpose. The interest that will be charged on your loan and other expenses such as lenders fees and other related loan fees however depend upon the evaluation of risk associated with providing the loan on the property that you intend to mortgage for the loan required. The hard money provided will be to the extent of 65% of the equity value of the property being mortgaged, but when you compare it with other lenders who provide 60%, bridge loan Dallas scores over them, besides, the terms and conditions though they maybe long, still provide a better window for a hard money loan than what others have to offer. www.besthardmoneyloans.com