Hard Money Loans for Short-Term Rentals in Georgia
Hard Money Loans
Georgia’s real estate investors rely on speed—and hard money loans deliver. Whether you’re flipping a house in Atlanta or acquiring a short-term rental near Savannah, BNB Lending provides fast, flexible capital. Our hard money loans in Georgia are based on property value, not personal credit or income. This gives investors the ability to close quickly and confidently, even when traditional financing isn’t an option. With minimal documentation and fast approvals, our process is built for investment success.
How to qualify
To obtain a quote, we will need the following information:
Property Value and
Purchase Price
Down Payment
Amount
Credit Score
Asset Types
- Single Family Homes
- Townhomes
- Condos
- 2 - 4 Units (Duplex, Triplex, Quadplex)
- Multi-Family: 5 - 8 Units
- Mixed-Use: 2 - 8 Units
- Multi-Family: 9+ Unit
Loan Terms
- Loan Sizes:
$100k up to $3.5 Million (Larger loan sizes available on a case by case basis)
- Purchase LTV:
Up to 85%
- Rate & Term Refinance LTV:
Up to 80%
- Cash Out Refinance LTV:
Up to 80%
- Amortization:
30 Year % 40 Year Amortization Options Available
- Term Lengths:
5/6 ARMs, 7/6 ARMs, 10 Year Interest Only, 30 Year Fixed & 40 Year Fixed
- Floor Rate:
5.50% (subject to change daily due to market volatility)
- Full Recourse
with personal guarantee required for all borrowers with majority ownership (typically 20%+ or 25%+ if closing in an Entity)
- DSCR Requirement: 1.00x or greater depending on loan size and property type. Sub-1.00x DSCR and NO DSCR options available.
- Vesting:
Lending to Individuals, LLCs, and Corporations. Trusts Allowable on a Case by Case Basis.
- Average Time to Close:
14 to 35 days
Wondering if you qualify for investment property financing in your area?
We offer lending services in all 50 states! Find out more and get your application started today!
Frequently Asked Questions
What are hard money loans and how do they work for real estate investors?
Hard money loans are short-term financing options backed by the value of the property rather than the borrower’s financial profile. They're used by investors who need to move fast—often for fix-and-flip deals, short-term rentals, or properties in need of repair. Terms generally include interest-only payments, short durations, and quick closings. Georgia investors choose hard money loans when speed, flexibility, and simplified underwriting are more important than low interest rates or long amortization.
When should an investor consider using a hard money loan instead of a conventional loan?
Hard money loans are a great fit when timing is tight or the project doesn't meet conventional lending standards. Georgia investors turn to these loans for distressed property purchases, auctions, and flips requiring fast closings. If you're borrowing through an LLC or lack full income documentation, hard money provides a clear path forward. These loans let you act on deals that banks would delay or decline—giving you the upper hand in competitive markets.
What makes hard money different from other types of financing?
Hard money financing focuses on the deal—not the borrower. Instead of evaluating your job history and credit score, lenders look at the asset’s value and your exit strategy. This allows real estate investors in Georgia to qualify quickly, even on complex or unconventional projects. While interest rates are higher, the trade-off is access to fast capital with minimal red tape. Hard money is all about opportunity—when one comes up, you’re ready to act.
What are the typical loan terms for a hard money loan?
Hard money loans in Georgia typically offer terms from 6 to 36 months with interest-only payments. Loan-to-value ratios can go up to 85% for purchases and 80% for refinances. Interest rates are higher than traditional loans, but funding can be completed in just days. Origination fees and other terms vary by lender, but most structures are designed for short-term projects with a defined exit strategy. These loans are purpose-built for active real estate investors.
How quickly can a hard money lender close a deal?
Hard money loans are known for their speed—closings can happen in as little as 3 to 10 days. Georgia investors use them to beat out slower buyers, secure off-market properties, or act on urgent opportunities. With fewer documentation requirements and no income verification, the process moves quickly. This speed can make all the difference in fast-moving markets, where traditional lenders can’t keep pace.
Can I get a hard money loan in Georgia with poor credit or no income documentation?
Yes. Many Georgia real estate investors are approved for hard money loans even with low credit or no verifiable income. These loans are secured by the property and evaluated based on the deal’s potential, not the borrower’s financials. Georgia requires business-purpose lenders to comply with licensing and interest rate laws, so it's essential to work with a legal, reputable lender. Proper disclosures and fair terms are key to a safe and successful investment.
Explore hard money loans and other short-term rental loans in neighboring states like Florida and South Carolina to expand your reach beyond Georgia.
