Hard money lending is a form of short-term, asset-based financing used by real estate investors to purchase, rehab, or refinance properties quickly. Unlike banks, hard money lenders focus on the value of the deal, not your credit history.
At Prime Plus Mortgages, we make hard money simple, fast, and investor-friendly with same-day approvals and no credit checks.
How Does Hard Money Lending Work?
Hard money lending is a fast, asset-based financing solution for real estate investors. Unlike traditional loans, hard money loans are based on the property’s value, not the borrower’s credit, making them ideal for flips, rentals, or auction deals. When using hard money to fund a real estate deal:
- The loan is secured by the property itself
- The approval is based on the deal’s value and potential
- Investors can close in days, not weeks
- Terms are shorter (usually 6–12 months), with interest-only payments
Hard money is a go-to tool for investors who need speed, flexibility, and leverage.
How Our Hard Money Loans Work
Apply Online
Get a Same-Day Offer
Close & Fund
When to Use Hard Money for Real Estate
| Use Case | Why It Works with Hard Money |
|---|---|
| Fix & Flip | Fast purchase + rehab capital, close quickly on deals |
| Rental Acquisition | Close on cash-flowing properties when speed is critical |
| Auction Property | Meet auction deadlines where banks can’t deliver |
| BRRRR Strategy | Buy, rehab, rent, refinance, repeat — with speed |
| Equity Cash-Out | Leverage existing properties to fund new investments |
Who Qualifies for Hard Money Loans?
Our hard money loans are built for:
- Real estate investors (not owner-occupants)
- House flippers and BRRRR strategists
- Buyers of off-market, auction, or distressed properties
- Landlords looking to scale their rental portfolios
If you have a deal, we can help!
Reviews From Our Arizona Investors
What Makes Hard Money Different?
Unlike banks or traditional lenders, we don’t slow you down with red tape. Our loans are based on your deal, not your credit.
| Feature | Hard Money Lending | Traditional Mortgage |
|---|---|---|
| Credit Check | No | Yes |
| Approval Time | Same day | 2–4 weeks |
| Based On | Property/deal value | Personal income & credit |
| Closing Time | 3–7 days | 30–45 days |
| Best For | Flips, rentals, auctions | Owner-occupied homes |
”"We built Prime Plus to give investors a real advantage. When the deal is right, we help you move fast, fund fast, and close faster."
— Loren Howard, Founder, Prime Plus Mortgages
Real Projects by New Investors
Loan Requirements
To qualify, you’ll need:
- A property under contract or close to closing
- Basic renovation budget and timeline
- Fair or better credit (No perfect credit required!)
- Exit strategy (sell or refinance plan)
Funded Fix & Bridge Projects
Our 3-Step Funding Process
1
Apply Online
2
Get Approved
3
Get Funded
Ready to Fund Your First Property?
Prime Plus Mortgages specializes in helping beginners get started.
Let us guide you through your first project with local expertise and fast funding.
Frequently Asked Questions
What is a hard money loan?
A short-term real estate loan based on property value, not borrower credit.
How is hard money different from traditional lending?
Hard money is faster, has fewer requirements, and is focused on real estate investment deals.
Do I need good credit for a hard money loan?
No. Prime Plus Mortgages does not require a credit check.
Can I use hard money to flip a house?
Absolutely. It’s one of the most common uses for hard money loans.
How fast can I get approved?
We approve qualified deals same day and fund in 3–5 days.
