Hard Money Loans vs. Conventional Loans

Hard Money Loans:

  • Bankruptcies, foreclosures, and bad credit is OK
  • Credit Score is not important
  • No prepayment penalties
  • Not issued by a commercial bank

Conventional Loans:

  • Lower interest rates
  • Tight underwriting guidelines for commercial asset lending

See more on Prime Commercial Lending’s Bridge & Hard Money Loan program, here.

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