Madera Financial, Inc. offers hard money loans, otherwise known as private money loans, to borrowers who have unique underwriting requirements that are not readily acceptable by financial institutions. Typically, financial initiations are turning down credit applications from borrowers due to:
Our hard money loans via private money investors are diverse with varying terms for repayment. Some of our investors are institutional whereas some are private individuals– The terms vary. This type of loan can be very helpful in situations which require quick answers. Hard money loans are used temporarily while the borrower is able to redefine their qualifications in order to meet underwriting standards for a conventional bank loan in the future.