Hard Money is sometimes easier to get (no qualifying can be available with good security) is much Harder as to terms i.e. interest, ARV, Points, Fees, overall cost compared to so called conventional or soft money... where terms and conditions are softer or easier on the borrower often because there are safeguards built into
soft money loans that are significantly less risky than are the typical Hard Money Loans.
Soft money loans are a hybrid between a hard money loan and a traditional mortgage.
Soft money loans are a hybrid between a hard money loan and a traditional mortgage.
Not exact matches
The reason Pension funds
loan money to these guys is «
soft graft» make the PE guys happy and they'll give you the opportunity to get in on the deal from the other side.
In this situation, you should consider commercial mortgage companies that specialize in subprime lending, or look for bridge,
soft or hard
money loans.
Capital gains can in some circumstances, with some «
soft»
money lenders, be qualifying income for
loans originated with normal rates.
Hello Gary, we have stated income
loans, private
soft money and ZERO percent LOC for good credit, NO Collateral and NO Income qualification.