Do I have to put my own money in the deal?
admin2023-10-13T13:26:37+00:00Sometimes. We will generally lend you up to 65% of the property value and, unlike a conventional lender, will not ...
Sometimes. We will generally lend you up to 65% of the property value and, unlike a conventional lender, will not ...
No. Each deal stands on its own. If it makes good loan sense, you will get the loan regardless of ...
Yes. As with a conventional loan, we will require you to pay for a title search of the property to ...
Usually yes. Although there are times when we will not allow secondary liens, most times we don't worry about where ...
Before providing documents, you should first complete our Loan Application. Once we determine your loan fits within our lending guidelines, ...
Sometimes yes, sometimes no. It varies from deal to deal. Because much of the money used for hard money loans ...
Every hard money deal has different lending criteria and different point structures and interest rates. As a general rule, count ...
No.State and Federal laws have strict disclosure requirements for consumer mortgage loans, as well as on fees and interest rates. ...
Hard money is not appropriate in some circumstances: When you need money long term. Most hard money deals are for ...
There are no fee schedules. However, hard money loans generally cost 2-4 points. One point equals 1% of the loan ...