A credit card cash advance is a hard money loan. Or you can get a hard money loan that is secured to equity in the home but was not part of the original purchase price. hard money lenders usually want the borrower and the security to qualify for a hard money loan.

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Friend to some, foe to others – At the same time, Madison has become a recognizable name among the city’s often shadowy hard-money lenders by. While bank lending regulations have resulted in increasingly steep requirements for.

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fighting an uphill battle in a court of equity trying to prove this was actually some kind of equitable mortgage loan. With the appropriate protections in place, the hard money lender should win the.

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