800.883.8290Do you allow secondary financing or seller-held notes?
Usually yes. Although there are times when we will not allow secondary liens, most times we don’t worry about where ...
How much money do I have to put in the deal?
The down payment for hard money lenders typically ranges from 10% to 40% of the property’s purchase price. We are ...
What documents do I need to get started?
Before providing documents, we can have a quick conversation to make sure your project is a good fit or you ...
Do you order an appraisal?
No, we don't use appraisals mostly because the time it takes to get them back and we try to close ...
How quickly can you close?
One of the best things about a hard money loan is the speed at which you can get one. Approvals ...
Do hard money lenders require monthly payments?
Most hard money loans require monthly payments which are interest-only payments during the term of the loan and then a ...
What is the origination fee for a hard money loan?
Hard money lenders charge points or origination fees that range from 2% to 6% of the loan amount. While hard ...
Are hard money lenders worth it?
Depending on your situation a Hard money lender can be worth using, but they come with pros and cons. They ...
Do hard money lenders require an appraisal?
Most hard money lenders that use private capital don’t require a standard appraisal. However, they may use a broker price ...
How do you present a deal to a hard money lender?
When presenting a deal to a hard money lender, borrowers should provide information on the property's value and their ability ...
