Hard Money Loans in Florida

Borrow money fast with a short-term loan called a hard money loan (bridge loan) using an asset as collateral.

What is a Hard Money Loan

This is a short-term loan that is secured by real estate and is primarily used in real estate transactions. Instead of basing the terms of the loan on the creditworthiness of the borrower, lenders will base the terms on the value of the property being used as collateral.

Who is This Loan Best Suited for?

Hard money loans are best suited for individuals or entities who need quick access to financing and may not qualify for traditional loans.

The Pros and Cons of Hard Money Loans

Before making your decision on loan type, you need to weigh all the pros and challenges of a hard money loan.

The pros

  • Fast approval and funding process starting from as little as 15 days
  • No income documents needed
  • Flexible loan term compared to conventional loans
  • Prepayment periods

The cons

  • Higher interest rates and fees
  • Shorter repayment periods of up to 18 months

How to Qualify for a Hard Money Loan?

Hard money lenders will evaluate the following:

  • How the borrower plans to repay the loan (exit strategy)
  • The value of the property used as collateral
  • The borrower’s investment experience in real estate

Get a Hard Money Loan in Weston, Florida

Get access to a property loan in as little as 10 business days from Avanti Lending. We specialize in financial products tailored to your unique financial needs. Start your loan application today by contacting us via (954) 888-8596.

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Javier M
I received excellent advice and support from Rocío throughout the entire process of buying a property with a mortgage in Florida. Kindness, commitment, professionalism and passion are what make Avanti Lending the best option if you need a loan and you are a foreign non-resident citizen of the US. Highly recommended.
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Alain Raimundo Rodriguez Orozco
The experience with Rocío Spurrier has been excellent. Great service, timely information, and she guided us very professionally through the whole process.
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Hans Manuel Olivares Contreras
Totally grateful for the support and professional work received from you and your team. Blessings.
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Ana Fernanda Contreras
Thank you for all the support and advice throughout the process. Excellent service, and above all the information provided was always accurate and up to date. Rocía and Yatianna, excellent at their work.
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Simona Bolivar
Rocio Spurrier is an angel. She gave us excellent service and accompanied us the whole way. Throughout the entire process we received kind and respectful treatment. They are a blessing for your projects.
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Javier Lopez
I highlight the professionalism, knowledge and kindness of Rocio Spurrier. Her advice was a great help in our purchase process. Her command of the subject gave us great confidence and peace of mind.
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William Tejada
Very good, very professional and fast. I am very happy.
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Blanca Vasquez
I want to thank Avanti Lending, and Marianela in particular, for the excellent work and professionalism in the process of financing my home in the US as a foreigner. Thank you for all eternity, and may God always guide your path to success.
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Jorge Seguel
Thank you Rocio for everything… Second successful loan… we'll go for a third later on.
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Javier Massih
Excellent service, efficiency, attention and solutions. That sums up Rocío's great work. Highly recommended!