800.883.8290What is a typical hard money loan rate?
Interest rates for hard money loans typically fall between 10% and 16%, though rates can vary based on the lender, ...
How much down do you need for a hard money loan?
Hard money lenders require a down payment, typically ranging from 10% to 30% of the property's purchase price. The exact ...
Who is considered a hard money lender?
A hard money lender is a private individual or company that provides short-term loans that are asset-based secured by real ...
How hard is it to get a hard money loan?
Getting a hard money loan is pretty easy and much quicker then a traditional bank or lender. Approvals typically ...
What credit score is needed for a hard money loan?
Hard money lenders tyically don’t have minimum credit score requirements because they do not focus as heavly on a credit ...
How to find a hard money lender?
When looking for a hard money lender in New Jersey make sure to compare their reputation, location, and loan terms. ...
How do hard money lenders determine arv?
Hard money lenders determine ARV by analyzing comparable sales (comps), market trends, and the scope of planned renovations. They may ...
How do you present a deal to a hard money lender?
When presenting a deal to a hard money lender, focus on an overview of the project with a concise summary ...
Do hard money loans hurt your credit?
Most hard money lenders don't report to the credit bureaus but they do pull credit. They do not focus as ...
How do I know if my hard money lender is legit?
When looking for a hard money lender in New Jersey, compare their reputation, location, and loan terms. It makes sence ...
