are hard money loans assumable?

Not typically

Hard money loans do not have a "Conforming" set of guidelines like FHA, VA, USDA and conventional.. The lenders who do HML's have their own set of rules, and can do as they wish.. that all being said, my guess is that most will allow a loan to be assumed if you pay them enough.. But if you are not sure, and you transfer the deed without checking first, the lender will find out. Most all lenders, including HML's, have "due on sale" clauses build into their mortgage notes.. if the property is transferred without their consent, they can call the note due and payable immediately.. I'm a preferred Lender with California and Arizona being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com NMLS# 226347 / LendUS, NMLS 1938/ AZMB0121893