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Helpful Hints | Lenders
3 Things to Look for in a Private Money Lender
October 4, 2019
Many homebuyers find that traditional mortgage loans may not be the best option for them. Loans from large lenders often have limitations that may not serve all buyers, so a private money lender can become a great resource in these situations. Because private money lenders are privately owned they are able to offer more customized […]
What is a Hard Money Lender?
June 4, 2019
Purchasing a home is a complicated process that can be stressful in even the most routine situations. Purchasing a property that you intend to flip is even more complicated. These types of purchases often require a different type of financing because of the nature of the property. Hard money loans can be a great solution […]
5 Most Common Mistakes to Avoid When Dealing With Private/Hard Money Lenders
August 3, 2016
1. Not getting pre-qualified. It really boggles the mind when someone signs a contract without prior consultation and pre approval from a funding source. People often times put the cart before the horse. Before you start making offers on houses, get with your local private money lender and get pre-qualified. Even get yourself a proof […]