Term: Hard Money Lending 

A lending business practice where the lenders focus primarily or only on the value of the collateral (property) rather than borrower credit and financial history. Typically hard money lending is associated with more efficient underwriting and quicker closings as compared to conventional lending practices. This is commonly used in real estate finance.  

Articles relating to Hard Money Lending: 

Dodd-Frank’s Effect on Hard Money Lending

The Dodd-Frank Wall Street Reform and Consumer Protection Act was signed into law by President Obama in 2010 as a response to the financial crisis and recession. The act was …

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