Hard Money Lending & Private Mortgage Lending- How it Works
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So, your telling the viewer that their is an alternative way to avail a loan when they are rejected by banks through you company? Hopefully, your services cannot put too much burden in your clients. However, nice video.
spectrum0590 11 months ago
@spectrum0590
Yes, Private hard money is an alternative lending source for real estate investors. The financing is structured to fit the clients budget. As you mentioned, when the banks reject a borrower due to credit, debt ratio and or income verification the choice is to walk away from the project, find a private lender who will usually ask for a split of the equity (profit) or find a licensed private lender such as our company, Metro Mortgage Investments.
hardmoneymi 3 months ago