Remington Capital

Typically, a hard money loan vehicle is put in place to fund as quickly as 10-14 days, in comparison to where a conventional loan will take an average of 45-60 days. In exchange for the quick funding, you are going to be given an interest rate in the range of 12-16% with a loan term ranging from 6-18 months. There will also typically be an origination fee due at closing of 4% of the loan amount.