Lenders wanting to enjoy the security that comes with real estate backed loans may want to
consider hard money lending that typically comes with a 25 % to 30 % loan to value buffer.
Not exact matches
Let's
consider this scenario: You have purchased a home with private
lending sub-prime
hard money, all the documents are properly recorded.
In this situation, you should
consider commercial mortgage companies that specialize in subprime
lending, or look for bridge, soft or
hard money loans.
I'm in the process of
considering hard money / private
lending and stumbled on to the thread.
While this type of financing is typical for loans of more than $ 10,000,000 underwritten by life insurance companies, it is much rarer to find it in the
hard money lending market; however, Montegra will
consider approving non-recourse loans on a case - by - case basis.
It's evident that you look at all
hard money lending from the perspective of residential
lending, based on credit scores, and
consider hard money loans to be predatory.