04/28/2026
A local developer owned five vacant lots and had four homes under construction four in Palm Bay and one in Port St. John each valued at approximately $100K. He was positioned to move forward, but a lender’s slow draw process on one of the builds began to stall progress, creating a ripple effect across his entire pipeline. With crews waiting and timelines slipping, he needed fast, dependable capital to keep everything on track and avoid unnecessary delays and added costs.
Hard Money Loan Solutions stepped in with a practical, execution-focused approach. We structured a $100,000 second mortgage across the vacant lots and added a second lien on the home nearing completion, maintaining a conservative combined loan-to-value of approximately 25%. This structure provided immediate liquidity while preserving his existing financing and overall project stability.
With quick access to capital, the developer was able to keep crews active, maintain construction timelines, and push multiple projects forward simultaneously. The result was improved efficiency, reduced downtime, and the ability to stay focused on completing and delivering quality builds without disruption.
