Hard Money Loans — Asset Based. Close in Days.
Max LTV As-Is
Month Terms
Days to Close
BBB Rating
The deal won't wait. Neither will we.
10–30 day close requirements. No contingencies. Hard money is built for this timeline — have your financing ready before you bid.
Capital needed now while permanent financing is arranged. Close on the asset, stabilize, then refinance out.
Properties that won't pass conventional appraisal standards due to condition. Asset value is what matters — not habitability score.
Land, mixed-use, commercial, non-warrantable condos, or any asset type that conventional lenders won't touch. The deal is the story.
What Is a Hard Money Loan?
A hard money loan is short-term, asset-based financing secured by real property. The underwriting decision is driven primarily by the value of the collateral — not your income, your credit score, or your tax returns. If the property has sufficient equity and the deal makes sense, the loan can fund in days.
Hard money is the broadest of the investor lending programs. It applies wherever speed, flexibility, or the nature of the asset makes conventional financing the wrong tool — auction purchases, bridge capital, distressed acquisitions, land, commercial deals, and any transaction where the asset tells a stronger story than the borrower’s financials. Interest is paid monthly, the principal comes due at maturity or upon sale or refinance, and terms typically run 6 to 24 months.
As a direct lender, Powerhouse Solutions controls the full hard money process in-house. There are no brokers adding cost to your rate, no third-party underwriters adding delays. We review the deal, make a decision, and fund fast. See how hard money compares to fix and flip financing →
What We Lend On:
- Residential investment (1–4 units)
- Multi-family (5+ units)
- Mixed-use & commercial
- Land & lot loans
- Distressed & REO properties
- Auction purchases
- Bridge to permanent financing
- No income or tax return required
What We Look at on a Hard Money Deal
ARV can be used for fix and flip structures. Stronger assets access higher LTV within this range.
Interest-only monthly payments. Balloon due at maturity, sale, or refinance. Extensions available.
A credit check is run, but asset quality and equity are the primary factors. No enforced minimum on every deal.
Asset-based underwriting only. W2s, tax returns, and income verification are not part of the process.
Residential (1–4 units), multi-family (5+ units), mixed-use, commercial, land, and distressed properties across NY, NJ, CT, PA, & FL.
Experience helps and unlocks better terms. First-time investors reviewed case by case — deal quality is the deciding factor.
Directly controlled in-house — no broker delays.
Why Investors Choose Powerhouse Solutions for Hard Money
Send us the property details and your ask. We review the asset and respond the same day. For clean deals with clear equity, we can close in 3–10 business days. As a direct lender, we control every step — no brokers, no committee chains, no third-party delays. When the deal needs to move, we move.
Your tax return is irrelevant to a hard money loan. Your income documentation stays out of the process entirely. We look at the asset: its value, its equity, its location, and the exit strategy. Self-employed investors, business owners, and borrowers with complex financial situations qualify on the deal — not the paperwork.
From auction purchases in Brooklyn to mixed-use in Queens and commercial bridge deals in Westchester, Powerhouse Solutions built its foundation. Today, we bring that same underwriting expertise across NY, NJ, CT, PA, and FL. We understand the nuances of each asset type and structure deals accordingly. If the asset has equity and the exit makes sense, we have a program for it.
Hard money is often the entry point, not the end state. After acquisition and stabilisation, borrowers typically refinance into permanent financing — DSCR, conventional, or commercial. Because Powerhouse Solutions offers both hard money and long-term programs, we understand exactly where the permanent financing needs to land when we structure the bridge. You're not starting over with a new lender when you're ready to exit.
Hard Money vs Fix & Flip — Same Audience, Different Structures
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Feature
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Hard Money Loan
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Fix & Flip Loan
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|---|---|---|
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Primary Use
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Any asset-based transaction requiring speed or flexibility
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Purchase + renovate + sell — specific transaction structure
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Loan Sizing Basis
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As-is value (or ARV for renovation deals)
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After-repair value (ARV)
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Renovation Funding
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Not built in — purchase-focused or separate draw facility
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Built-in draw schedule — purchase + rehab in one loan
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Property Types
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Residential, commercial, land, distressed, mixed-use, auction
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Primarily 1–4 unit residential
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Term Length
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6–24 months
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12–18 months typical
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Income Documentation
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Not required
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Not required
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Speed to Close at PHS
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3–10 business days
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7–14 business days
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Not sure which program fits your deal? Tell us the property and the plan — we'll recommend the right structure.
Have a Deal? Tell Us the Asset.
How It Works
From Application to Closing
Tell us about your situation in under 2 minutes. No commitment, no credit pull.
Your dedicated loan officer reviews your details and issues a pre-approval letter, often the same day.
PHS manages the entire process from underwriting to title. You focus on finding your home.
As a direct lender, we control the timeline. No bank delays, no middlemen.
What Our Hard Money Borrowers Say
What is a hard money loan and how does it work?
How fast can Powerhouse Solutions close a hard money loan?
Do I need income documentation or tax returns?
What types of properties qualify for hard money loans?
What is the difference between a hard money loan and a fix and flip loan?
Hard money is broader. A fix and flip loan is specifically structured for purchase-renovate-sell transactions with a built-in rehab draw schedule. Hard money applies to any transaction where speed, asset value, and flexibility matter — auction purchases, bridge deals, commercial transactions, land, distressed properties, and more. Both are asset-based and require no income documentation. Learn more about fix and flip loans →