Private Money Loans
Private money financing is funded on the strength of the asset — not a bank's timeline or a perfect credit file. When the deal won't wait, asset-based underwriting gets you to the closing table.
Asset-focused qualification options may be available for qualifying deals.
Loan Programs
The right structure depends on whether you're acquiring and renovating a property or bridging into a longer-term financing plan.
Short-term capital to acquire and begin renovating distressed or undervalued properties quickly — without waiting on a conventional bank's timeline or requiring a spotless credit file.
Best for: Flippers and investors acquiring distressed properties who need to begin renovations quickly regardless of credit history.
Short-term bridge capital to secure multifamily properties, land parcels, or transitional commercial assets — including situations where you need to lock down a deal before permits are issued or permanent financing is in place.
Best for: Multifamily and land buyers who need to beat a bank's timeline — including securing parcels before building permits are issued.
Not sure which structure fits your deal? Talk to a loan officer.
Actual terms, rates, and loan-to-value (LTV) vary by lender and deal structure. Not a commitment to lend.
Why Private Money
Underwriting centers on the property's value and your plan — not a credit score alone. Asset-focused qualification options may be available for qualifying deals.
When timing decides the deal, private money underwriting moves faster than a conventional bank's approval process — so you don't lose the property while waiting in a queue.
Distressed, vacant, or transitional properties that fail a conventional lender's condition requirements are eligible here. Financing is structured around the deal, not a rigid checklist.
The Process
Step 01
Share the property details, your strategy, and your timeline. Asset-based underwriting begins with the deal.
Step 02
Loan terms are built around the collateral's value, LTV, and your exit plan — not a standardized income checklist.
Step 03
Funding moves on a timeline that matches your deal — not a conventional bank's queue. Get to the closing table and begin executing your plan.
Borrower Types
Private money isn't a last resort — it's the right tool for deals that move fast, properties in transition, and borrowers who don't fit a conventional underwriting mold.
Lock down time-sensitive rental property acquisitions without waiting on a conventional bank's timeline.
Fast capital to secure vacant, distressed, or transitional retail, office, and mixed-use projects a conventional bank won't touch.
Asset-focused financing for distressed properties, built for borrowers who need to begin renovations quickly regardless of credit history.
Short-term bridge financing designed to beat traditional bank timelines on multifamily and land acquisitions.
Financing to secure land before building permits are issued, so the deal doesn't slip away while approvals are pending.
Financing built around the asset for borrowers rejected by rigid traditional bank guidelines. Asset-focused qualification options may be available.
Fast, asset-based financing for flippers, investors, and land buyers — funded on the strength of the deal, not a bank's timeline or a perfect credit file.
A conventional bank loan relies heavily on the borrower's income documentation, credit score, and debt-to-income ratios — a process that can take weeks or months to complete. A private money loan (sometimes called hard money) is funded by private individuals, investment funds, or non-bank lenders. Underwriting is asset-based: it focuses on the property's value, the loan-to-value (LTV) ratio, and the borrower's plan for the property. This allows for faster approvals and more flexibility on property condition and borrower credit profile than a traditional bank.
Not necessarily. Because private money underwriting centers on the collateral rather than a standardized income or credit checklist, asset-focused qualification options may be available for qualifying deals — even for credit-challenged borrowers. The strength of the asset, the loan-to-value ratio, and the borrower's exit plan carry significant weight. Each deal is evaluated individually, so a low credit score does not automatically disqualify a borrower.
Private money loans can be used to finance a wide range of property types, including single-family residential, multifamily, commercial (retail, office, mixed-use), and raw land. Unlike conventional banks, private lenders can often finance distressed, vacant, or transitional properties that fail a traditional lender's condition requirements. This includes properties in need of significant renovation and land parcels where building permits have not yet been issued.
Because asset-based underwriting doesn't require the extensive income documentation and committee review cycles of a conventional bank, private money loans can close significantly faster. Timelines vary by deal complexity, but private money can often fund deals that a traditional bank simply cannot approve in time. Closing speed is deal-dependent — discuss your specific timeline with a loan officer.
Private money loans are short-term instruments, so having a clear exit strategy is an important part of the approval process. The two most common exit strategies are: (1) — after completing renovations or stabilizing the property, the borrower refinances into a conventional or longer-term loan; or (2) — the borrower sells the improved or acquired property and uses the proceeds to repay the loan. Lenders evaluate the exit plan as part of underwriting, so being prepared to articulate your path to repayment matters.
Mortgage Wholesale provides Private Money Loan financing for acquisition, fix-and-flip, bridge, and land purchases. Rates, terms, and loan-to-value are evaluated deal by deal and vary by lender, property, and borrower profile. This is not a commitment to lend.
Mortgage Wholesale | NMLS #380097 | Equal Housing Lender
Borrower Stories
"I had a distressed property under contract with a 21-day close — no conventional bank was even going to answer the phone in time. The private money loan closed in under two weeks. I was able to begin demo the day after funding and sold the flip six months later. The process was straightforward and the underwriting made sense for the deal, not just my tax returns."
Ted G.
House Flipper — Single-Family, Distressed Acquisition
"We found a parcel that fit our development plan perfectly, but the permits were still 4–6 weeks out and the seller wasn't waiting. The bridge loan let us close on the land before we had permits in hand. Every conventional lender we called said they needed the permits first — that's exactly backwards for how land acquisitions actually work. Private money understood the deal."
Thomas T.
Land Buyer — Pre-Permit Parcel, Bridge Financing
Get Started
Private money moves fast — but only if we understand your deal. Share your property details and plan, and a loan officer will get back to you to discuss structure, timeline, and loan-to-value.