Boston Hard Money Lenders

Real Estate Agent with Century 21 Cahill Associates

Boston Hard Money Lenders are out there ready to lend and if you and/or your property qualify, they are ready to lend you the money you need to get the deal done!  If you're not familiar with what hard money lending is, here is a brief definition from wikipedia:

"Hard money lenders are lending companies offering a specialized type of real-estate backed loan. Hard money lenders provide short-term loans that provide funding based on the value of real estate that has been collateralized for the loan. Hard money lenders typically have much higher interest rates than banks because they fund deals that do not conform to bank standards."

Boston Hard Money LendersIn this market, the key phrase from this definition is "fund deals that do not conform to bank standards".  As anyone who has tried to get a loan from a traditional bank these days knows, the credit crunch is especially tough for those who deal with investing, flips, rehabs, condo conversions and even spec building. 

With Boston hard money lenders, you can get a deal done much quicker (sometimes as quick as a week) and without nearly as much hassle, leaving you to move on the next project and thus be more profitable.  In exchange for this, there are higher rates (usually into the teens) and points up front to pay.  But for volume investors, where time is money, it's well worth it.

During my eight years as a real estate agent, I've run across many Boston hard money lenders and the way they do business varies quite a bit.  Since they don't conform to state and federal standards, they can run their businesses however they want.  I've seen guys do business out of their car who pretty much write checks on the spot and I've seen huge offices with complex underwriting procedures that would make Bank of America proud. 

In my experience, the best Boston hard money lenders that are out there are the ones who have been doing it for a long time and therefore really know what they're doing.  Atlas Funding out of Newton is a great example of this type of outfit and the most put-together firm I've seen.  They have been around the block way longer than some of other players out there and really know how to assess risk and make a deal happen quickly, if it's possible.  They're easy to deal with and are a lot more professional than some of the other Boston hard money lenders I have dealt with in my experience.  They are quick with their answers and will let you know right away if the deal does not look good to them.  They can be reached at

If you have any questions, please call or email to chat about Boston hard money lenders.

Posted by

Thanks for reading!

David Cahill
Century 21 Cahill Associates
cell 781-910-6506



Facebook  twitter

Comments (2)

Stephen Sainte-Martin
Realty Direct Boston - Boston, MA


Hard Money Lenders, Great topic.  Not too often discussed.  Glad you raised the issue.  Thanks for posting.


Sep 21, 2010 04:11 PM
Philip Stevens

Do Hard Money is also one of the best hard money lenders in the US. Visit them at

Sep 26, 2010 11:33 PM