Our Loan Process
From pre-approval to project completion, we have you covered.
This is the MM Lending hard money loan process—built for speed, flexibility, and investor success.
STEP 1
Pre-Approval
Get pre-approved in advance so you’ll be ready to make an offer when the right deal comes along.
- 24-hour turnaround
- Soft-pull credit check that won’t impact your credit
- Pre-approval is valid for up to six months
- Pre-approval letters can be provided to strengthen your offer
- Start your hard money loan qualification process in minutes
STEP 2
Find a Deal & We’ll Fund It
Close in as little as 7-10 days
- Send us the purchase contract and rehab scope & budget form, then we’ll send you preliminary hard money loan terms
- We’ll order title and order the appraisal
- Final hard money loan contract will be sent upon receipt of ARV appraisal
- You set the date & time for closing
- We’ll be ready to close!
- This is how hard money loans work when you partner with a trusted local lender.
STEP 3
Complete the Rehab
Renovate the property and sell or re-fi to collect your profit
- 12-month loan terms provide plenty of time to finish the project
- No prepayment penalty means you earn more the faster you go
- Simple draws – submit pictures of completed work and draws are funded on the same day
- Unforeseen issues are a part of RE investing. Our experienced team is here to help you every step of the way.
- From closing costs to contract clarity, our hard money lending agreement is designed with investors in mind.
Qualification Requirements
There are three ways to get pre-qualified for a hard money loan from MM Lending
Experience
These are typical hard money loan requirements for experienced investors. A minimum of 2 completed flips in the prior 36 months where the investor was at least a 51% owner, managed the rehab, and the property was sold on MLS or refinanced into a rental. Investors should also have cash reserves sufficient for down payment, closing costs, working capital and some contingency funds.
Financial
We make hard money loan qualifications simple and flexible, even for first-time flippers. For new investors that do not have experience, MM Lending offers a financial qualification which includes a combination of strong cash reserves, credit score and annual income.
Sponsor – Mentor
Don’t have the experience or financials to qualify? Find an investor who does, have them pre-qualify with MM Lending, and then partner with them.
Why Choose MM Lending?
Fast
Get pre-approved in 24 hours and close within 7-10 days
Simple
Communicate with real people for a hassle-free experience
Experienced
Since 2005 our veteran team has helped thousands of real estate investors
Take the First Step
Whether you're a seasoned investor or just starting out, MM Lending is here to help.
Get pre-approved and experience how hard money loans work when done right.
