Loan Programs / Hard Money
Hard Money Loans for Commercial Real Estate
Asset-based capital with the fastest close available — the property carries the deal, not your credit score or your tax returns.
Submit a Hard Money Scenario →This is for you if…
Check all that apply.
Terms & cost
| Loan amount | $100K – $10M |
|---|---|
| Today’s rate range | 9.4% – 12.1% interest-only · updated dailyas of Thu, Jun 25 |
| Max leverage | Up to 70% of property value |
| Term | 6 – 18 months |
| Typical fees | 2–3 points, paid at close — nothing upfront, ever |
| Prepayment | Typically none |
How is the rate set?
Pegged to the SOFR benchmark (live via FRED & the New York Fed) plus a spread of 5.75–8.5% depending on leverage, asset, and exit. When the market moves, this table moves with it.
No lengthy forms, no wasted time — just the information we need to move forward.
What happens after you submit
A complete file moves fastest. For a Hard Money scenario, we’ll request:
- Property address & photos
- Purchase contract or payoff statement
- Proof of funds / reserves
- Exit summary — sale comps or refi terms
- Entity docs (LLC operating agreement)
Hard money questions
What does Smply Capital charge?
A broker fee, earned only when your loan closes — depending on the deal it’s paid by you, the lender, or both, and it’s disclosed in a written broker agreement before your file goes to any lender. Nothing upfront, ever: scenario review, consultation, and evaluation are free, and if your deal doesn’t close, you don’t pay us.
How fast can this actually close?
The fastest closes we see run 5–10 days once docs are in — the pace is set by title, insurance, and how quickly you return the short doc list. Hard money lenders skip most of the underwriting that slows banks down; the appraisal (or an interior BPO) is usually the long pole.
Do you check credit at all?
A soft look, usually — but it prices the deal rather than kills it. Hard money is underwritten to the asset: value, equity, and exit. Bankruptcies and foreclosures in your past narrow the list, not close it.
Why are the rates higher?
You’re paying for speed and flexibility: no income verification, minimal underwriting, and a close measured in days. Used for a short window with a solid exit, the total cost is often smaller than the deal you’d lose waiting on a bank.
Hard money vs bridge — which am I?
If your credit and file are reasonably clean, a bridge loan does the same job cheaper. Hard money earns its keep when speed is extreme or the file has scars a bridge lender won’t accept. Submit the scenario — we’ll route it to whichever side actually closes it.
Is a hard money loan the right fit?
Still weighing it? The 30-second quiz sorts all 6 programs →
Ready to structure your next deal?
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