How do I qualify for a hard money mortgage?

Hard money lenders don’t look at traditional requirements such as credit score, employment, or income.

Instead, they only care about the borrower’s down payment or equity in the property. To purchase a home with a hard money mortgage, borrowers must generally have a down payment of 35% or more. Hard money lenders will rarely fund more than 65% of any mortgage.

See Also:

Hard Money Mortgages vs. Traditional Loans

How to Take Out a Hard Money Mortgage