Infographic
Hard Money vs. Traditional Loans
For real estate investors, success or failure is commonly determined by their ability to acquire reliable capital quickly.
With all of that in mind, what financing options are available? Some real estate investors may look for financing with a bank or traditional lender, but the process is often too slow, with mountains of paperwork and strict underwriting guidelines.
That's why hard money loans are so popular among real estate investors. They allow you to break through the red tape by offering an easier and faster alternative to traditional loans.
This infographic provides a quick reference that explains what a hard money loan is and how it compares to traditional financing.
Get easy access to capital you can count on
Kiavi offers both flexible short-term financing as well as long-term financing options perfectly suited for investors employing the BRRRR strategy. Take advantage of today's low rates and experience the easier way to access funding through each step of the project.
The above is provided as a convenience and for informational purposes only; it does not constitute an endorsement or an approval by Kiavi of any of the products, services or opinions of the corporation or organization or individual. The information provided does not, and is not intended to, constitute legal, tax, or investment advice. Kiavi bears no responsibility for the accuracy, legality, or content of any external content sources.
*Bridge loan rates and terms are based on a combination of factors: LTV, FICO, and experience and are subject to change. Interest rates or charges herein are not recommended, approved, set or established by the State of Kansas.
†Rental loan rates and terms are based on a combination of factors: LTV, FICO, and experience and are subject to change. Non-owner-occupied rental properties only. Cash-out LTV is based solely on appraised value, not cost basis. Interest rates or charges herein are not recommended, approved, set or established by the State of Kansas.
All loans are available in AL, AZ, AR, CA, CO, CT, FL, GA, IL, IN, KS, KY, MA, MD, MI, MN, MO, NC, NJ, NV, NY, OH, OK, OR, PA, SC, TN, TX, VA, WA, WI, and WV, as well as Washington D.C. Prepayment penalties as allowable by state.