Private hard money lending is a type of lending that involves investors or private companies providing short-term loans that are secured by real estate assets. This type of lending is often used by borrowers who are unable to qualify for traditional bank loans due to poor credit, lack of income, or other factors.

Private hard money loans are typically based on the value of the property being used as collateral, rather than the borrower’s creditworthiness or income. This makes it possible for borrowers to obtain funding more quickly and with less stringent requirements than traditional bank loans.

While private hard money loans can be a useful option for borrowers in need of quick access to capital, they typically come with higher interest rates and fees than traditional bank loans. This is due to the increased risk for the lender, as the loan is secured by hard assets like real estate.

At ALH Lending, we specialize in providing private hard money loans to borrowers in need of short-term financing. Our team of experienced professionals can work with you to determine your eligibility and provide you with the funding you need to achieve your goals. Contact us today to learn more about our private hard money lending services.