Independent mortgage brokerage · Advising clients since 2007 · Company NMLS #3915
(401) 481-8050
Hard Money Loans
When a deal moves faster than a bank can, asset-based hard money lets real estate investors close on the property's potential — not pages of income documents.
Independent brokerage since 20074.5★ on GoogleLicensed in RI, MA, PA, FL & ALA network of specialty lenders, one application
Hard money is short-term, asset-based financing for real estate investors. Qualification centers on the property and the deal — its value and the project — rather than tax returns, pay stubs or a credit score. That's what makes it fast: the kind of financing that wins competitive purchases, auction buys and time-sensitive fix-and-flips.
Because Atlantic is a brokerage, we work with multiple hard money and private-money lenders — so we match your deal to the right source and move, instead of forcing it into one lender's box. And for investors in Rhode Island, eastern Connecticut and southern Massachusetts, we bring a private-money source built over decades of relationships that most borrowers can't access on their own. These are business-purpose loans for investment property.
What investors use it for
Fix & flip
Buy, renovate and resell — purchase and rehab funds in one short-term loan.
Bridge / quick close
Close a time-sensitive purchase now, then refinance into permanent financing. Bridge loans →
Rental acquisition (BRRRR)
Buy, rehab, rent, refinance, repeat — acquire and rehab a rental, then refinance to a long-term loan, often a DSCR loan →
Auction & as-is buys
Financing for properties a conventional lender won't touch in their current condition.
Program at a glance
Best for
Real estate investors — fix-and-flip, bridge, BRRRR and as-is purchases
Qualifies on
The property and the deal — no income or asset documents on qualifying programs
Down payment
As little as 12% for qualified investors on qualifying programs
Appraisal
Not required on many programs; subject to a lender site visit
Funds
Purchase plus rehab / renovation funds available
Payments
Interest-only options; no prepayment penalty on qualifying programs
Credit
Credit-flexible — no minimum score on qualifying programs
Speed
Often closes in about two weeks
Where
Multiple lenders across our business-purpose footprint — plus a private-money source exclusive to RI and parts of CT & MA
Where we lend business-purpose loans
Available
Not currently offered
Business-purpose (investor) loans only — not consumer mortgages. Availability is lender- and state-specific and subject to change; ask us about your state.
We arrange business-purpose (investor) loans — DSCR, hard money, bridge and commercial — in: Alaska, Alabama, Arkansas, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Missouri, Mississippi, Montana, North Carolina, Nebraska, New Hampshire, New Jersey, New Mexico, New York, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Virginia, Washington, Wisconsin, West Virginia, Wyoming.
How working with us works
1
Tell us your scenario
A 10-minute call or the contact form: how you're paid, your goals, and the property. No credit pull to start.
2
We shop the right lenders
As a brokerage we match your file to specialty lenders built for it — not one bank's single guideline.
3
Pre-qualify with a plan
You get a clear path: the program, the documents, and the timeline, with a licensed loan officer on your file.
4
Close with confidence
We manage underwriting to the finish line and hand you off to a smooth closing day.
Common questions
What is a hard money loan?
A short-term, asset-based loan for real estate investors. The lender underwrites the property and the deal rather than your income or credit, which is why it can close quickly. It's typically used to buy, renovate or bridge — then you sell or refinance into longer-term financing.
Do you work with more than one hard money lender?
Yes. As an independent brokerage we place deals with several hard money and private-money lenders, so we match your project, timeline and property to the right one rather than fitting it to a single lender's box. For investors in Rhode Island and parts of Connecticut and Massachusetts, we also have access to a private-money source built over decades of relationships — one most borrowers can't reach directly.
Do I need to document income or get an appraisal?
On qualifying programs, no income or asset documentation is required, and many programs don't require a traditional appraisal — though the loan is subject to a lender site visit of the property. Terms vary by lender and deal.
Is there a minimum credit score?
Many programs have no minimum credit score — qualification is driven by the property and the project. Stronger credit can widen your options.
How fast can it close?
Hard money is built for speed and often closes in about two weeks, depending on the property, the site visit and title. If you're on a deadline, tell us the date and we'll tell you straight whether it's realistic.
Can I get money for renovations?
Yes — many programs include rehab / renovation funds alongside the purchase, which is what makes them a fit for fix-and-flip and value-add projects.
Are these loans for my primary residence?
No. These are business-purpose loans for investment and non-owner-occupied property. For a home you'll live in, see our standard and Non-QM programs.
4.5★★★★★ Rated on Google · independent brokerage since 2007
“When I was faced with the most challenging deal of my career, Atlantic Mortgage found a way to make it happen. They went way out of their way to help my buyer… we weren’t just another file.”
— Joe H., real estate agent
★★★★★
“Second time using Mike for our mortgage process — by far the best person to handle it, answer any question, and make the entire experience stress-free!”
— Heather S.
★★★★★
“As our mortgage broker he was exceptional. Every step of the way he explained everything clearly, was very responsive, and patient with us as first-time home buyers.”
