While the private money loan interest rates are higher compared to bank loans,
the flexible lending criteria and quick funding is worth the added expense, especially for real estate investors looking to take advantage of a limited - time opportunity.
While hard money interest rates are higher than conventional loans,
the flexible lending criteria and fast funding is worth the higher cost.
Not exact matches
When your business falls just shy of bank loan
criteria — or you have seasonal or otherwise time - sensitive capital requirements that don't align with traditional
lending guidelines — you need an alternative financing solution that's both fast and
flexible.
The
lending industry has become more
flexible in recent years, with regard to income and other
criteria.
The
lending criteria for this program are very
flexible; you may be able to qualify for a home loan in Illinois with a credit score of 620.