There are different types of hard money loans available for real estate investors. Some of these loans are listed below:

Mezzanine Loans:
Usually hard money lenders provide loans with a clause of being first lien, which means that the hard money lender will be the first creditor to receive money in case of any loan default. Occasionally, a hard money lender needs to settle as a subordinate to first lien. Such types of loans are called as mezzanine loans. However, the terms and conditions are slightly different for a mezzanine loan.

Hard money acquisition and development loan:
These loans are aimed at acquiring a real estate property and develop it. These loans are mostly interest-only loans and the borrower is required to make a balloon payment at the end of loan term. Loan-to-value is determined based on the improvisations made.

Asset-based hard money loan:
This is the most conventional type of hard money loan where a property is used as collateral and credit is provided. Loan amount can be used for any purpose including paying back the already existing mortgage.

Hard money bridge loan:
This is the loan that is mostly preferred by real estate investors. A hard money bridge loan is primarily a short term loan provided to customer as a stop-gap arrangement. Through these loans one can obtain instant cash that can used for any purpose including acquisitions, buy-outs, foreclosures, construction, or cash-outs.

Other types of real estate hard money loans include hard money credit enhancement loan, hard money raw land loan, stand-by commitment loan and hard money construction loan.