Hard Money Loans in Indiana

Short-term lending for investment properties in Indiana

Fix and Flip Loans

Hard money loan for house flipping, specifically for real estate investors to buy, renovate and resell for a profit.

  • No appraisal
  • Up to 90% LTC
  • Up to 100% rehab financing
  • Up to 75% ARV
  • Close as fast as 2 days

Short Term Bridge Loans

Short-term financing or gap funding used as a bridge to permanent financing or resale at a later date.

  • No appraisal
  • Up to 90% LTC
  • Delay long-term financing
  • Purchase/acquisition
  • Close as fast as 10 days

Cash Out Bridge Loans

Short term cash out refinance to buy another investment property, delay long term financing or access cash.

  • No appraisal
  • Up to 90% LTV
  • Buy another investment property
  • Cash out refinance
  • Close as fast as 10 days

Hard Money Loan Terms

Here are the hard money loan terms for investment properties in Indiana. These are asset based loans, so there is no income verification.

Loan to purchase Up to 90% LTC
Rehab financing Up to 100%
Min loan amount $75,000
Max loan amount $3 Million
Interest rate Start at 9.25%
Credit score Minimum 680
Loan terms 3, 6, 12, 18 and 24 months

Talk to a Hard Money Loan Advisor

    • Compare loan options
    • Get proof of funds today
    • See how much you qualify for
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Hard Money Loan Requirements

These are the minimum requirements for a hard money loan in Indiana.

Minimum Down Payment

The minimum down payment is 10%.

Business Entity Required

Since these are business purpose loans, a legally registered business is required to get approved. If you haven’t already, file for a new LLC with the state of Indiana.

Minimum Documentation

The following documents will be required to get approved for an Indiana hard money loan.

Speak with a Hard Money Loan Specialist

Hard Money Loan FAQ’s

There are many hard money lending options available. Here are some common questions real estate investors may have.

What credit score is needed for a hard money loan in Indiana?

The minimum credit score for an Indiana hard money loan is 680.

Do hard money loans hurt your credit?

As long as you make your payments on time, they won’t hurt your credit score.

Where to fix and flip with hard money loans in Indiana

Here are the best places to invest in “The Hoosier State”.

  • Indianapolis
  • Fort Wayne
  • Evansville
  • South Bend
  • Carmel

Is Indiana a good place to invest in with hard money?

Indiana has an affordable housing market, making it easier for new investors to jump in and seasoned investors to scale their real estate portfolio. It’s home to Indianapolis with a strong job market and many major colleges and universities where students constantly need housing.

Using hard money loans in Indiana, allow investors to scale quickly and efficiently when using high leverage.