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Hard Money Lenders Stepping In For You

10.05.16

Commercial Hard Money loans helped the market heal after the Great Recession. Many investors hand equity available to take advantage of buildings that were priced for very high returns. Traditional lenders were not willing to lend or offered unreasonable terms. While traditional lenders encouraged a market paralysis, hard money lenders stepped up.

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How To Choose The Right Bridge Loan Lender

10.05.16

But what could also be happening is that your “lender” is actually acting as a mortgage broker. This is not a knock on mortgage brokers. They can play a very valuable role in helping source the right loan and programs for a borrower. However, what this means is your bridge lender may not have access to its own source of money to fund loans.

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Why Choose A Commercial Hard Money Loan Over A Traditional Bank Loan

10.05.16

When applying with a traditional bank, borrowers will have to go through a strenuous financial background check. This makes the approval process a long and uphill battle. Commercial hard money loans on the contrary are less strenuous and quicker to approve. You do not need to have a stellar credit score to be approved.

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What Does LTV Mean?

10.05.16

It is important to understand loan-to-value or LTV before applying for a loan. LTV refers to how much of a property's value a lender is willing to lend. A property's appraisal is typically assessed by an appraiser.

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