Due to the higher risk involved with a hard money loan, interest rates are higher than current conventional loans, ranging from 8%-14% depending on a variety of reasons.  They don’t even compare to the 21-24% credit card rates. The amount a hard money lender is willing to lend is determined primarily by the loan to value (LTV).  This percentage is determined by the loan amount divided by the value of the property. Our Investors at Sun Pacific Mortgage have financed up to 70% of the property purchase price or current value.