Hard Money Loans in Orlando

Short term financing options for investment properties in Orlando

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 70% LTC with no credit check
  • Up to 90% LTC for 680+ credit score
  • Purchase/acquisition
  • Close as fast as 2 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 70% LTV with no credit check
  • Up to 90% LTV for 680+ credit score
  • Cash out refinance
  • Close as fast as 10 days

Hard Money Loan Terms

Here are the hard money loan terms for investment properties in Orlando. 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%
Experience required None
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 Orlando, FL.

Minimum Down Payment

The minimum down payment is typically 10-35% and depends on what type of loan you’re looking for.

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 Florida.

Minimum Documentation

The following documents will be required to get approved for a Orlando hard money loan.

  • Driver’s License or State ID
  • Articles of Organization
  • LLC Operating Agreement
  • EIN Letter
  • Certificate of Status

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 fix and flip hard money loan?

These are hard money loans with no minimum credit score requirement, so there will be no credit pull for fix and flip financing in Orlando, Florida.

What credit score is needed for a hard money bridge loan?

Bridge loans with no minimum credit score requirement are eligible for up to 65% LTC. While bridge loans with a minimum 680 credit score, are eligible for up to 90% LTC.

How fast is the closing process?

If used for purchasing or fix and flipping an investment property in Orlando, you can close in as little as 2 days.

Do hard money loans hurt your credit?

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

Is an appraisal required?

No, an appraisal is not required to get approved for a hard money loan.

Is Orlando a good place to invest in real estate?

Yes, Orlando is a great location for real estate investment. Orlando’s robust tourism industry, driven by theme parks, year-round events and the #1 busiest airport in Florida (MCO), creates consistent high demand. It also benefits from a rapidly growing population, sustainable local economy and no state income tax.

Florida’s law leans towards Orlando landlords, specifically through its lack of rent control, flexible security deposit, late fee regulations and anti-squatting laws. Since hard money is typically used for abandoned, distressed or foreclosed properties, Florida’s eviction process makes it easy to deal with squatters.

The eviction process, outlined in the Florida Landlord Tenant Act, allows for a rapid eviction if tenants fail to pay their rent after a three-day notice. Also, on March 27, 2024, Governor Ron DeSantis signed House Bill 621, which gave landlords legal solutions against squatters and created penalties for squatting.