Hard money loans, sometimes referred to as bridge loans, are short-term financial loans typically used by real estate investors to finance a real estate investment project. Most of these loans are issued by private lenders instead of banks or traditional lending institutions, but you can sometimes also get a hard money loan from institutional lenders who specialize in equity loans and/or bridge loans. However, there are huge differences in the borrowing criteria and qualification requirements when you are working with institutional lenders!
