How long does it usually take to get hard money?

[Shaun Cherry]

I found a house for auction and I’m trying to figure out how I can come up with the money. I cannot do a conventional because the auction doesn’t accept them but they do accept hard money. This would be my first deal! Thanks for your help!

[Matt Hurley]

It depends on the lender, but generally quite a bit faster then a traditional mortgage lender. They care more about the deal and your credit score, and will rarely need to run your personal financials. I recommend searching and finding one now and having them run your figures. You’ll probably lose out on this deal but you’ll be ready with an offer for the next one!