Hard Money Loan Solutions, Inc.

Direct Asset-Based Hard Money Lender for Florida Real Estate

HML Solutions is direct lender that provides private hard money secured by properties nationwide, up to 70% loan-to-value. As a private lending company, we provide investment business purpose loans and have the unique ability to tailor our offerings based on our needs and offer the fairest rates and closing costs available.

All Property Types Considered
Purchase Bridge Loans
Refinance & Equity Cash Out Loans
Construction Completion Loans
Foreclosure Bailout
Owner-Occupied Home Cash Out for Business Purpose
2nd Mortgages up to 50% combined LTV
Land loans up to 50% LTV
NO Credit Reports required
NO Tax Returns or Bank Statements

Please note: We do NOT offer rehab funds or consumer-purpose loans.

Property Geographic Area Details

Florida only (all regions of the state)

Loan Amounts

$100,000 to $50,000,000

Interest Rates

9.99% to 12%

Loan Terms

6 months to 48 months

Origination Fees

1% to 3%

Lien Position

1st, 2nd

Collateral Types

Residential Property
Commercial Property

Loan Purpose

Investment Acquisition
Investment Refinance
Use Equity to Invest in Another Property
Invest in a Business
Business Working Capital

Property Occupancy

Vacant
Tenant Occupied 100%
Owner Occupied Commercial

Maximum Leverage

Purchase Short-Term (no Value-Add):

Max LTP Residential: 65%

Max LTP Multifamily: 65%

Max LTP Commercial: 65%

Max LTP Land: 50%

Refinance Short-Term (no Cash Out)

Max LTV 1st Lien Residential: 65%

Max CLTV 2nd Lien Residential: 50%

Max LTV 1st Lien Multifamily: 65%

Max CLTV 2nd Lien Multifamily: 50%

Max LTV 1st Lien Commercial: 65%

Max CLTV 2nd Lien Commercial: 50%

Max LTV 1st Lien Land: 50%

Max CLTV 2nd Lien Land: 50%

Refinance & Cash Out Short-Term

Max LTV 1st Lien Residential: 65%

Max CLTV 2nd Lien Residential: 50%

Max LTV 1st Lien Multifamily: 65%

Max CLTV 2nd Lien Multifamily: 50%

Max LTV 1st Lien Commercial: 65%

Max CLTV 2nd Lien Commercial: 50%

Max LTV 1st Lien Land: 50%

Max CLTV 2nd Lien Land: 50%

Residential Construction

Max LTP Land: 50%

Max LTC: 50%

Max LTCV: 65%

Multifamily Construction

Max LTP Land: 50%

Max LTC: 50%

Max LTCV: 65%

Commercial Construction

Max LTP Land: 50%

Max LTC: 50%

Max LTCV: 65%

Property Types

2-4 Units Residential
Adult Day Care
Agricultural
Assisted Living Facility
Auto Dealership
Auto Repair
Bed and Breakfast
Car Wash
Casino
Child Day Care
Church
Cinema
Club
Commercial Condominium
Commercial Land
Community Center
Condominium
Cooperative
Covered Land
Equestrian
Event Center
Gas Station
Golf Course
Gym
Healthcare
Hospital
Hostel
Hotel
Industrial
Manufactured Home
Marina
Mixed-Use
Mobile Home
Mobile Home Park
Motel
Multifamily
Night Club
Office
Parking Garage
Parking Lot
Place of Worship
Portfolio of Commercial Properties
Portfolio of Residential Properties
RV Park
Ranch
Recreational
Rehabilitation Facility
Religious Facility
Residential Land
Retail
School
Senior Housing
Single Family Residence
Sports Facility
Storage Facility
Student Housing
Theater
Timberland
Vehicle Parking
Winery

Loan Types

Private Money
Hard Money
Residential Bridge
Residential Owner-Occupied
Residential Ground-Up Construction
Commercial Bridge
Commercial Ground-Up Construction

Specialty Loan Types

2nd Mortgage Equity Cash Out
Debtor in Possession
Foreclosure Bailout
Primary Residence Business Purpose Cash Out

Junior Lien Loan Amounts

$100,000 to $1,000,000

Junior Lien Interest Rates

12% to 15%

Junior Lien Loan-to-Value

50%

Junior Lien Origination Fees

2% to 3%

We Fund Junior Position Loans

Often

Junior Lien Types

Refinance
Equity Cash Out

We offer 2nd mortgages only for a refinance or equity cash out. It's not available for purchase transactions. The maximum combined loan-to-value is 50%. For example, on a property worth $1M which has a 1st mortgage of $300K, we will lend up to $200K in 2nd lien position.

Agribusiness Types

Cattle Ranch
Citrus Grove
Corn
Cotton
Dairy
Equestrian
Melons
Peach
Peanuts
Potatoes
Poultry
Row Crops
Swine
Tree Nuts
Vegetables

Description

Borrower must have 50% cash down for a purchase. For a cash out, our loan amount will max out at 50% of appraised value in urban areas. We will consider suburban and rural areas at a lower LTV.

Land Types Considered

Residential Land
Multifamily Land
Industrial Land
Office Land
Retail Land
Hospitality Land
Agricultural Land
Special Purpose Land
Covered Land

Will Consider Land That is NOT Entitled

Existing Land Improvements Required

Street Access
Electricity
Gas
Water
Communication
Residential Structure
Commercial Structure

Max LTV for Land

50%

Max LTC for Land Acquisition

50%

Junior Lien Types

Refinance
Equity Cash Out

We fund up to 65% of the purchase price (not the perceived value). We are OK with seller financing in 2nd position, but the borrower still needs to contribute at least 20% cash to the purchase.

Max Loan-to-Purchase Price

65%

Borrower Must Have Property Under Contract

Will Provide Proof of Funds Letter

Will Consider Lending on Purchase from Auction

Allowed Source of Borrower’s Equity

Own Cash
Partner
Equity in Another Investment Property
Equity in Primary Residence
Seller Financing
Family

We can fund up to 50% of the total project costs for ground-up construction.

Development Experience Required

yes

Minimum Number of Ground-Up Construction Projects Completed by Borrower

Max LTC for Ground-Up Construction Costs

50%

Interest Charged for Construction Costs

Only on Funds Drawn

Will Lend on Partially Completed Construction Projects

yes

Minimum Origination Fee Amount

$4,000

Fees which are mandatory for all new borrower clients

Legal Fee
Appraisal Fee

Fees which are paid to a third party company

Legal Fee
Appraisal Fee
Title Fee

Details and Requirements

Typical Closing Time (Days)

Fastest Closing Time (Days)

Payment Structure

Interest Only

Pre Payment Penalty

yes

6 months of interest payments

Will lend to a foreign national

yes

Foreign nationals get the same terms as US citizens. We don't reduce the loan-to-value if the borrower is not a US citizen.

Will Allow Junior Position Mortgage(s) Behind Our Senior Mortgage

yes

Will Consider Collateralizing Multiple Properties in One Loan

yes

Will Consider Equity Joint Venture

Borrower Entity Types Considered

Individual(s)
LLC
Trust
Corporation

Personal Guaranty (Recourse) Required

Always

Credit Check Required

Appraisal Required for Residential Property

Sometimes

Appraisal Required for Commercial Property

Sometimes

Broker Price Opinion (BPO) Accepted for Residential Property

Never

Broker Price Opinion (BPO) Accepted for Commercial Property

Never

Additional Details

We only charge an origination fee. All closing fees are charged by third parties.

Funded Deals

Leesburg, FL

$115,000

Condominium

View Transaction

Hard Money Loan Solutions, Inc.

Miami, FL

$370,000

2-4 Units Residential

View Transaction

Hard Money Loan Solutions, Inc.

St. Petersburg, FL

$379,000

Industrial

View Transaction

Hard Money Loan Solutions, Inc.

Bonita Springs, FL

$224,000

Condominium

View Transaction

Hard Money Loan Solutions, Inc.

Indian Rocks Beach, FL

$1,200,000

Single Family Residence

View Transaction

Hard Money Loan Solutions, Inc.

Windermere, FL

$2,200,000

Single Family Residence

View Transaction

Hard Money Loan Solutions, Inc.

Jupiter, FL

$300,000

Single Family Residence

View Transaction

Hard Money Loan Solutions, Inc.

Haltom, TX

$442,500

Industrial

View Transaction

Hard Money Loan Solutions, Inc.

Miramar Beach, FL

$550,000

Single Family Residence

View Transaction

Get In Touch

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The HML Solutions group is based in Delray Beach, Florida. We are a diverse team of veteran business professionals investors and successful entrepreneurs — all working together to establish project funding for businesses, contractors and individuals with immediate financial needs. We assist with immediate, non-traditional project funding, without the hassles or delays typically associated with traditional lenders and their processes.

We offer Investment & Business Purpose Loans Purchase, Refinance, Cash-out, Rehab, Foreclosures, Acquisitions, Bridge and Construction loans.

Company Size (Number of Employees)

Year Established

2001

Office Locations

100 Linton Blvd , Delray Beach, Florida 33483

Primary Capital Source

Own Funds
Bank Credit Line
Private Equity Funds
Hedge Funds
Friends & Family

Alternative Capital Sources

Individual Investors

Loan Structure for Majority of Loans

Own Balance Sheet

Percentage of Loans Secured by Commercial Property

70%

Percentage of Loans Secured by Residential Property

30%

Total Number of Loans Funded to Date

402

Total Loan Volume Funded to Date

$137,600,000

Our Team

Jason Milliken

Owner

Get In Touch

Hard Money Loan Solutions, Inc. pays us to be listed, so there is no fee to connect. Share your loan request, send a simple email, call, or visit their website.

Contact COMPANY

Stay Informed About Private Lending

Receive our monthly newsletters with valuable insights and industry updates

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