Lender questions, answered with records.
What is a hard money lender?
A private lender, usually a fund or company rather than a bank, that makes short-term loans secured by real estate, mostly to investors for flips, rentals and construction. Approval leans on the property more than the borrower's income.
Hard money vs traditional lenders: what's the difference in South Florida?
In the last 30 days of Miami-Dade and Broward records, 215 private / hard money lenders recorded 565 loans with a median of $458K, and 75% went to LLC or corporate borrowers. Traditional lenders (banks, credit unions, non-banks) recorded 5,742 loans with a median of $334K, and 15% went to entity borrowers.
Who is the most active hard money lender in Miami-Dade and Broward?
By recorded loan count over the last 30 days: Alto Capital Holdings, with 61 loans totaling $107.9M.
Which counties does The Lender Board cover?
Miami-Dade and Broward. Rankings come from mortgages recorded with those two county clerks.
How often is the board updated?
Weekly. The window is the latest 30 days of recorded mortgages, and the free Monday brief summarizes the changes.
Why don't I see some loans?
Records where MERS is the only lender named, servicer assignments, timeshare paper and reverse mortgages are left out of the rankings. Clerk indexes also lag recording by a few days.
Is this financial advice?
No. It's public records, classified automatically, and some classifications will be wrong. Do your own diligence before choosing a lender.
Rankings: Hard money lenders South Florida · Hard money lenders Miami · Hard money lenders Fort Lauderdale · Top mortgage lenders Miami-Dade · Top mortgage lenders Broward
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