Identify a hard money lender
Check the lender’s loan requirements
Prepare the property details
Gather proof of income and assets
Collect your credit information
Estimate the property’s value and after-repair value
Prepare a purchase contract or refinance details
Submit the loan application
Provide the required documentation
Pay the application or processing fee if required
Complete the lender’s property review
Review the loan terms, interest rate, and fees
Accept the loan offer
Sign the loan documents
Close the loan and receive the funds