Hard Money Loans

Hard money Florida

davidguide — Thu, 02 Sep 2010 22:56:02 +0000

Great Expectations of Borrower Banking institutions are regarded as the leading and predominant contributors of loan money for quite a long time. Getting a loan sanction from a bank, however, will not be an effortless process. It is time consuming and calls for a lot of red tape and paperwork. It is an open secret that [...]

What Is Hard Money and How Will It Benefit You?

davidguide — Thu, 02 Sep 2010 01:02:48 +0000

Have you heard the term “hard money,” but you’re not sure what it means? Perhaps you know what it is, but you’re unsure where to find it. Hard money is financial backing from private investors in the form of a loan. It is one of the best ways to get a business project off the ground, [...]

Commercial Hard Money Loans

Joseph Devine — Tue, 31 Aug 2010 23:39:46 +0000

Hard money loans are a specific type of asset-based loans. In this type of loan, a borrower receives funds that are secured by the value of a parcel of real estate. These loans are paid back with a higher interest rate than conventional commercial or residential property loans. This type of loan is rarely, if ever, issued by a commercial bank or other deposit institution.

Commercial Hard Money Vs. Commercial Conventional Money — is There a Difference?

davidguide — Tue, 31 Aug 2010 00:52:02 +0000

Hard Money or Conventional? What’s best for you and how are these loan types different? More and more in today’s tough economic market, I find that we are closing more and more Hard Money loans for borrower’s with good credit and decent properties. So, [...]

Hard Money Profits

davidguide — Sun, 29 Aug 2010 00:48:25 +0000

Make hard money loans and you get a high rate of return on your cash. You have to do it properly to be safe, of course. You also need a lot of money to invest to do this. What are “hard money” loans? They are short-term loans (usually 24 months or less) made to real estate [...]

Hard Money in a Changing Economy

davidguide — Fri, 27 Aug 2010 00:44:22 +0000

As many of you know, there has been a major shift in the sub prime mortgage market. In the boom years of the turn of the century, the mortgage market was inundated with exotic sub prime money for borrowers. Never has the mortgage community been so borrower friendly to people with low FICO scores, undocumented [...]

Hard Money Loans – The Last Resort

Julia Vakulenko — Thu, 26 Aug 2010 22:44:03 +0000

Conventional loans are the tool of most home buyers. Lending institutions loan money to the buyer based on credit history and income. Hard money loans are less dependent on credit score and revolve around assets, instead. There should be no confusion that one is a substitute for the other. When buying a house there are many choices in loan options, but the choice between conventional or hard money is not one of them. Hard money loans are for unique, often distressed situations.

Hard Money Brokers and Hard Money Lenders

davidguide — Wed, 25 Aug 2010 00:40:48 +0000

Hard Money Broker Hard money loans are made by private lenders and are very different than traditional loans. Hard money lenders can work directly with borrowers or hard money brokers can facilitate loans between borrowers and lenders. Some hard money brokers work in both capacities funding small hard money loans themselves and brokering larger ones. Many [...]

The Rising Need for Hard Money Lenders

davidguide — Mon, 23 Aug 2010 00:38:44 +0000

In the current times, there is always a need for money. You may be needing capital for a startup business you aim to get into or you may have urgent expenses at home or in personal finances. In such situations, you will definitely need to tap special and immediate capital resources. The problem is, there [...]

Commercial Hard Money Loan Scenarios

Stephen Bush — Sat, 21 Aug 2010 22:35:22 +0000

A commercial hard money loan is a non-conventional commercial real estate loan that is not made by a traditional bank. The primary rationale for a small business considering a commercial hard money loan is that traditional commercial financing options are not viable. Many prudent small business projects can be funded ONLY via a hard money lender. Several common commercial financing scenarios using hard money loans are described. These include low credit scores, a need to obtain commercial financing quickly, and special small business situations not easily understood by traditional banks.