Nevada Hard Money Lenders

Short-term, equity-based loans that solve problems and secure opportunities.

What is

private capital | private money | hard money lending in Nevada?

Private hard money loans in Las Vegas are real estate loans funded by a person (the lender) or an entity instead of a bank. The same state and federal laws apply to these mortgages, and we close through a title company just like any other loan.

Private capital goes by many names — Nevada hard money loans, private mortgage lenders, hard money lenders in Las Vegas, Nevada private luxury lenders, and more. They all refer to the same thing: a private lender using their own money to fund a deal.

 

Why borrowers use Nevada hard money lenders

Real estate borrowers turn to hard money lenders for a variety of reasons:

1. Faster funding. We often fund faster than traditional lenders like banks — a real advantage for investors who need to move quickly to secure a property.

2. Less strict requirements. Our requirements are usually more relaxed than a bank's, making it easier to qualify. This helps borrowers with poor credit or a limited financial history.

3. Flexibility. We're more flexible on loan terms than traditional lenders, so borrowers can customize a loan to their specific needs.

4. Unique properties. We finance properties banks often won't touch — fixer-uppers, or properties with zoning issues.

5. Investment opportunities. For lenders, private lending can be a lucrative way to diversify a portfolio and earn a higher return than many traditional investments.

 

Understanding private money mortgages

(Also known as hard money loans, trust deed investments, private mortgage lending, and Nevada hard money lending.)

Loan terms are individually negotiated based on the borrower and the property.

Common features include:

• No prepayment penalty

• No FICO requirements

• Equity-based

Many property types qualify:

• Investment properties

• Commercial property

• Development loans

• Luxury loans and luxury asset loans in Nevada

• Land loans

 

Loan terms at a glance

Investment property (non-owner-occupied)

• 60–70% LTV (loan-to-value)

• 11–14% interest-only payments

• 12–60 month terms, based on property and borrower

• No prepayment penalty

• No credit requirements

Commercial property (standard loan limit under $10MM)

• 50–70% LTV (loan-to-value)

• 11–14% interest-only payments

• 12–60 month terms, based on property and borrower

• Prepayment penalty possible if the lender desires

• No credit requirements

Owner-occupied

• 60–70% LTV (loan-to-value)

• 11–12% interest, amortized over a 30-year term with a 5-year balloon

• No prepayment penalty

• No credit requirements

 

Related articles

• Is private money expensive? Maybe you're asking the wrong question.

• What is an exit strategy, and why does it matter?

• How does a hard money lender evaluate my loan?

• Why won't a hard money lender in Las Vegas fund 100% of my loan?

• What is a Nevada hard money lender, and when should I use one?

 

Let's get started

Here's what we need to begin:

• Property address

• Loan amount requested

• Purchase contract, or amount owed if it's a refinance

• Application and ID

Once you submit, we'll discuss your property and objectives, then give you a tailored list of what's needed and your potential loan options.