owner occupied hard money: Owner Occupied California Hard Money Loans
- 05/01/15 07:03 AM
There was a time not long ago where hard money lenders for owner occupied properties were nearly impossible to find. The real estate market had gone through a major crash and new regulations were being implemented, aimed at protecting consumers. While most of those regulations were written with more traditional types of lending in mind, the rules and regulations do apply to hard money loans as well. As these rules have had time to settle in, more investors are feeling comfortable with their understanding of the regulations, which means money is starting to free up for owner occupied residential hard money loans to be … (1 comments)
owner occupied hard money: Owner Occupied Hard Money
- 04/21/11 06:15 AM
With recent changes being made in the lending industry, owner occupied hard money has become increasingly difficult to obtain. Many hard money lenders who had made these loans in the past have stopped, choosing to only make loans for investment or business purposes.
Residential hard money can take two basic forms these days, consumer and non consumer. The distinction between these two qualifiers is important, so today we’re going to touch on the differences.
Generally speaking, many hard money lenders are shying away from consumer loans. These are loans made to consumers, for consumer purposes. Owner occupied hard money … (0 comments)
Hard money loans are an alternative form of financing. We explore the real estate world and options that hard money lenders can bring to the table.
Chris Goulart, DRE Lic. # 01458390 NMLS Lic. # 298819 DWJ CA Broker Lic. # 01180522
There was a time not long ago where hard money lenders for owner occupied properties were nearly impossible to find. The real estate market had gone through a major crash and new regulations were being implemented, aimed at protecting consumers. While most of those regulations were written with more traditional types of lending in mind, the rules and regulations do apply to hard money loans as well.
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