san francisco hard money: Hard money basics for today's market - 06/13/08 07:14 PM
I deal almost exclusively with hard money lenders, working with both borrowers and brokers to match a particular transaction with an investor. In addition, I do have access to in house funds and serve as a direct hard money lender as well. This is my business, I do conventional loans for family, friends, referrals, but my main source of business is hard money. Hard money today is taking the place of what sub-prime used to be. The glaring difference, however, is the loan to value requirements. In today's hard money lending environment, 65% loan to value is typically the maximum you
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san francisco hard money: Direct Hard Money Lenders - 04/11/08 12:34 AM
Looking for direct hard money lenders can be a difficult task if you have not already built the relationships this type of lending requires. It can be even more challenging to find the right fit if you are a borrower looking for a hard money loan. If you need a conventional loan, your choice of broker or representative probably will not impact your ability to obtain a loan. Conventional lenders advertise their rates and programs, underwriting is usually black and white, and any number of professionals can get the job done for you. The hard money lending environment, however, is a
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