Sentences with phrase «conventional money lending»

I wanted loan for construction purpose but conventional money lending process would have wasted much of time and I wanted it as soon as possible.

Not exact matches

While hard money interest rates are higher than conventional loans, the flexible lending criteria and fast funding is worth the higher cost.

The conventional wisdom is that you shouldn't lend money to anyone unless you're either a) okay with never being paid back; or b) willing to pursue legal remedies to ensure you're paid back.

However, the mortgages typically provided by an MIE are higher risk than those provided by a conventional lenderLender Any person or organization that lends money.

Consumers are always looking for quicker and more convenient ways of borrowing money, so peer - to - peer lending appeals to many borrowers who may not want to deal with the paperwork and processing time required when dealing with conventional financial institutions.

Private lenders have been fair substitutes for conventional lending sources especially at times when money gets tight.

The lack of available financing from conventional lenders (banks and other institutions) for properties with marijuana tenants has created a lending gap that hard money lenders have quickly stepped in to fill.

COMMENTS: Commercial, construction, conventional, private - money lending for all property types.

Hard money lenders are much more willing to lend on properties that may appear problematic to conventional lenders and can process and close on loans much faster.

The majority of hard money loans in recent years have been made to investors who have cash and good credit but who can't secure conventional funding because of the tightened lending criteria.

The hard money lenders require an LLC to lend to, but then when I want to refi into a conventional loan, I wont be able to do so under the LLC as I'd have to get corporate loans which may require more money down..