If you’re thinking about getting a hard money loan, you might be wondering if your credit score will be a factor. After all, bad credit can make it difficult to get approved for a traditional mortgage. However, with a hard money loan, your credit score is not nearly as important as your equity stake in the property. Such loans are based on the value of an asset, rather than on the borrower’s credit score. So, having enough equity to meet the lender’s requirements, you should be able to get approved for a loan.