Archive for August, 2010

Privately funded “hard money” commercial mortgage loans are more costly than institutionally funded, conventional mortgages, but they close faster (days not weeks or months) and require less documentation. If a property owner, investor or developer can’t qualify for a conventional bank loan or if time is of the essence, a private loan may be a very smart business decision regardless of the interest rate or the origination points involved.

Hard money lenders specialize in short-term bridge loans, sometimes called swing loans and are based primarily on the value of the subject property or collateral offered. Some properties types considered by some of the leading hard money lenders in today’s tough economic environment would include:

Get some information and guidelines on hard money loans and lenders. If you are a borrower then you too should read this article.

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For real estate investors there are numerous benefits and advantages to private real estate money versus hard money loans or mortgage loans to fund your real estate investing business. Knowing the advantages can mean the difference between making a real estate deal work or losing a good deal to your competitors. As the credit-bubble [...]

Commercial mortgage loans are in short supply in today’s credit environment. Even private, “hard money” commercial mortgage lenders have tightened their standards. But there are three things a commercial real estate investor can bring to the table to guarantee an approval from even the most conservative private money lenders.

Wednesday August 4, 2010 11:13

Hard money loan is asset based loan

Gold Quest Group www.GoldQuestGroup.net is a hard money lender located in Houston, Texas. A hard money loan is a type of asset-based loan financing in which a borrower receives funds secured by the value of a parcel of real estate. Hard money loans are typically issued at higher interest rates than conventional commercial or residential [...]

Monday August 2, 2010 08:19

Investing and Hard Money Loans

In the world of real estate investing, people are always on the look out for different ways to make an investment purchase. Typically the property would simply be bought & mortgaged in the traditional manner but as home values increase and the cost of living rises buyers are seeking out other ways of making the [...]

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