If one is looking to make an investment in Real Estate and want to raise money through loan, then hard money loans and hard money lenders are two terms which they will encounter. Alaska is no exception for this.

A Hard Money Lender is a private individual or company of private lenders. Hard Money Lenders often look at a prospective real estate deal when deciding whether or not to offer a loan on that particular property. Hard money lenders are not bothered about the borrower’s credit score. The hard money lender will be happy to lend the borrower higher loan to value (LTV) if the borrower has stable monthly income. The property is the direct guarantee for the loan.

Here is the list of cities in Alaska where hard money loans can be raised:

Anchorage, Fairbanks, Juneau, Sitka, Wasilla, Kenai, Ketchikan, Palmer, Kodiak, Bethel, Homer, Unalaska, Barrow, Soldotna, Valdez, Nome, Kotzebue, Seward, Petersburg, Dillingham, Cordova, Wrangell, North Pole, Houston, Craig, Hooper Bay, Sand Point, Delta Junction, Skagway, Emmonak, Chevak, Selawik, Togiak, Mountain Village, Akutan, Klawock, Unalakleet, Hoonah, King Cove, Kwethluk, Point Hope, Alakanuk, Noorvik, Kake, Gambell, Savoonga, Galena, Kotlik, Pilot Station, Aniak, Shishmaref, Quinhagak, Fort Yukon, Stebbins, Toksook Bay, St. Mary’s, Wainwright, Thorne Bay, Scammon Bay, Angoon, Nunapitchuk, New Stuyahok.