Hard Money Loan Orlando | Best Hard Money Lenders Orlando | Fast Close

• RATES STARTING AT 6.99%*+
• POINTS AS LOW AS 1.50*
• 1-3 YEAR TERM INTEREST ONLY
• UP TO 90% LTV!
• NO PREPAYMENT PENALTY*
• QUICK 7 DAY CLOSING
• NO VERIFIED INCOME DOCS REQUIRED OR TAX RETURNS NEEDED
• MINIMUM LOAN AMOUNT OF $100,000 UP TO 100 MILLION
• LENDING AVAILABLE NATIONWIDE ON COMMERCIAL LOANS
• N/O/O RESIDENTIAL, BUSINESS USE PURPOSE, INVESTMENT, & COMMERCIAL PROPERTIES 
  ONLY
• 30 YR RENTAL PROGRAM WITH RATES STARTING AT 5.49%!

With Orlando’s housing market booming, rental property loans are a great 
option for real estate investors looking to purchase properties for long term 
cash flow Orlando’s low inventory and high absorption rate is the primary 
reason the Orlando performs so well and home prices continue to rise.

In 2023, the median sales price for a Orlando-area property was $530,000, and 
the average rental rate for a one-bedroom apartment was $2,492 making the 
Orlando FL rental market one of the hottest in the country.

There are many reasons why a borrower would choose to use private financing 
or a hard money loan over a more affordable conventional funding:

(1) Quick Funding– conventional banks take the absolute minimum of 45 days to 
finance a single family residential loan, any where between 60–90 days to 
fund a commercial loan, and over 120 days to finance a development loan. 
Whereas, a hard money loan is commonly funded within 7–14 days.

(2) Property Demands Work– because of the conventional bank‘s quite 
conservative underwriting guidelines, most will not lend on properties 
needing repair. Nevertheless, an exclusive lender will be pleased to lend on 
a property that either lacks cash flow or demands physical improvements so 
long as the borrower has enough “skin in the game” (equity). Before it can be 
used for instance, a loan secured by a property in need of repairs is very 
seldom funded by banks; so the borrower will use a hard money lender then, 
and rehabilitate and to buy the property settlement the hard money loan with 
normal lending. Another example would be a commercial property that has no 
tenants… a bank won’t loan until the property is leased up. However, 
temporary financing will be provided by a private lender to the borrower to 
purchase the property and rent it up to stabilization. Once the property is 
stabilized for a time period that is specific, the hard money loan will be 
refinanced by a commercial lender with conventional funding.

(3) Not based exclusively on credit or income– Traditional banks rely greatly 
on a borrower’s credit score, past income, and ability to repay the debt. 
Hence quality borrowers such as physicians, lawyers, and attorneys who have 
high incomes but also have lots of debt are consistently turned down by 
traditional banks for normal financing. Therefore, there is certainly a huge 
requirement for private lenders who look at the value of the underlying asset 
when compared with the loan amount versus the borrower’s credit history. At 
Hard Money Loan Florida, we base our funding decision mostly on the LTV 
(loan to value). We typically look for a 50% – 65% LTV in our loans. What 
that means is we typically lend out 65% of the appraised value of the 
property to the borrower.