[{"data":1,"prerenderedAt":50},["ShallowReactive",2],{"faq-interest-rates-points":3},{"id":4,"title":5,"authorSlug":6,"body":7,"description":14,"extension":15,"heading":16,"intro":17,"items":18,"loanType":43,"meta":44,"navigation":45,"path":46,"seo":47,"stem":48,"__hash__":49},"faqs\u002Ffaqs\u002Finterest-rates-points.md","Hard Money Loan Interest Rates & Points FAQ | How Pricing Works","tim-mushen",{"type":8,"value":9,"toc":10},"minimark",[],{"title":11,"searchDepth":12,"depth":12,"links":13},"",2,[],"FAQ on hard money loan interest rates and points. Learn what affects your rate, how points work, and how to calculate the true cost of a hard money loan.","md","What Borrowers Ask About Hard Money Interest Rates and Points","Hard money loan pricing works differently than conventional financing, and understanding the components helps you compare deals accurately. Below are the questions borrowers ask most often about interest rates, points, and the true cost of private lending with Veristone Capital.",[19,22,25,28,31,34,37,40],{"question":20,"answer":21},"What are typical interest rates on a hard money loan?","Hard money loan rates generally range from 9% to 13%, depending on the lender, the deal, and current market conditions. Rates are higher than conventional loans because hard money lenders take on more risk and offer speed, flexibility, and access that banks do not. Veristone Capital prices each loan based on the specific deal and borrower profile.",{"question":23,"answer":24},"What are points on a hard money loan and how do they work?","Points are an upfront fee charged at closing, expressed as a percentage of the loan amount. One point equals 1% of the loan. For example, 2 points on a $500,000 loan is $10,000. Points are part of the cost of the loan and are typically deducted from the loan proceeds at funding. Most hard money lenders charge between 1 and 3 points.",{"question":26,"answer":27},"What factors affect my hard money loan rate?","The main factors are loan-to-value ratio, property type, borrower experience, the exit strategy, and the overall risk profile of the deal. A lower LTV, a strong track record, and a clean property in a solid market will typically earn better pricing. Loans with higher risk or complexity will carry higher rates.",{"question":29,"answer":30},"How can I get a lower interest rate on a hard money loan?","Bring more equity to the deal, present a well-organized loan package, and build a track record of successful projects. Repeat borrowers with Veristone Capital often qualify for better rates because they have demonstrated they can execute and repay on time. A lower LTV and a straightforward exit strategy also help.",{"question":32,"answer":33},"Are hard money loan rates fixed or variable?","Most hard money loans carry a fixed rate for the duration of the loan term. This means your interest rate does not change, which makes it easier to project holding costs. Veristone Capital offers fixed-rate loans so borrowers know exactly what they are paying from day one.",{"question":35,"answer":36},"How does interest accrue on a hard money loan?","Interest on a hard money loan typically accrues monthly on the outstanding principal balance. Payments are usually interest-only, with the full principal due at maturity. Some lenders charge interest on the full loan amount from closing, while others only charge interest on funds that have been disbursed. Ask your lender to clarify this before you close.",{"question":38,"answer":39},"How do I calculate the true cost of a hard money loan?","Add up the total interest payments over the expected hold period, plus the origination points, plus any other lender fees. Divide that total by the loan amount to get a percentage cost. A $500,000 loan at 11% for 6 months with 2 points costs roughly $37,500 in total (about 7.5% of the loan amount). Always run the numbers on your actual hold timeline, not just the annual rate.",{"question":41,"answer":42},"How does Veristone Capital's pricing compare to other hard money lenders?","Veristone Capital offers competitive rates and transparent pricing with no junk fees or hidden costs. We provide a full breakdown of all costs before you commit to the loan. Our pricing reflects the strength of each individual deal, so borrowers who bring strong projects and solid experience consistently get the best terms we offer.","interest-rates-points",{},true,"\u002Ffaqs\u002Finterest-rates-points",{"title":5,"description":14},"faqs\u002Finterest-rates-points","xXyEIAenD0hKPVljFuSl2GMqz1ScWAo0ePt2iJXuBpo",1792596708845]