Real Estate Term

Hard Money Loan

Short-term, asset-based financing typically used for flips or BRRRR.

Reviewed 9 August 2026 by Keiron Brown, Founder & Editor, CalculateRealEstateROI · Educational estimates only — not investment, financial, tax, or legal advice

Explanation

Higher rates (10–14%) and points but faster close and asset-based underwriting. Usually refinanced into conventional within 6–12 months.