Hawaii Lending Group is the preferred lender of private funds for real estate secured hard money loans. Hawaii Lending Group offers hard money loans for commercial or investment purposes on all property types, providing options to borrowers who require greater speed or flexibility than commercial banks can provide.
Learn more about our loan programs.
Hawaii Lending Group offers first mortgage loans of between $50,000 and $2,000,000, to be used for commercial or investment purposes on properties that are not primary residences of the borrower. Loan durations of six months to three years are available and can be secured by commercial or residential property. Borrowers are typically required to hold a 25% or greater equity position in the property. Rates are competitive, with annual interest averaging 12%, with 3 to 5 points charged at closing. Brokers are welcome and commissions are negotiable.
HLG’s hard money loans are particularly useful where speed is essential or where the documentation or credit rating requirements of conventional lenders are too rigid. The following are sample situations. You can also learn more at our Hard Money Lending FAQs Page.
I worked with HLG to fund construction on a residential site in Kaimuki. The banks were moving slowly with too many requirements. HLG allowed me to use equity in two properties to get a $250K loan and keep the project on track.
We needed a one-year bridge loan to help us prepare our Maui condominium to be sold and to buy out partial owners. HLG quickly sourced the funds, and when some technical challenges arose, they had no trouble finding solutions.
I needed to renovate a rental apartment, and the banks were giving me a hard time because the property needed work and my recent credit scores weren’t perfect. HLG evaluated my request, saw how much equity I had in it, and quickly gave me the loan I needed to fix up the unit and get it earning income again.
We had ten days to close on an oceanfront property and our financing had fallen through. HLG worked fast and rescued the deal.