After Andrea’s kid brother Tomas was shot to death, jesse gave andrea money to buy a new home in a better neighborhood.
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Hard money loans offer high risk to the hard money lender over an extended period of a few months to a full year or longer. Subsequently hard money loans require much more scrutiny of the borrower by the lender before the loan can be granted. Call 954-274-1003 for more information.
Hard Money Mortgage Loans GCMAC is a family owned direct hard money lender (not a broker) based in San Antonio, Texas. With more than 30 years experience in equity based lending, GCMAC specializes in financing for individuals and companies whose needs are not fully met by traditional banks. loan approvals have emphasis on EQUITY not credit and income documentation.
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List of Hard Money Lenders by State. For investors looking for real estate financing for their investment deals, finding the right hard money lender or private money lender is essential. Locating a hard money lender in your state who understands that local market for fix and flip or rental deals will make it even easier.
The term “hard money lender” is used to describe lending outside of traditional banks or credit unions to an individual or a business.
The loan amount the hard money lender is able to lend is determined by the ratio. Because the primary basis for making a hard money loan is the liquidation.
What is a hard money lender? The term may conjure up visions of crooked-nosed guys who’ll cut off your pinkie finger if you flake on hard money loans.
Welcome to the Official Site of Equity Wave Lending, we are a California direct private money lender offering hard money loans, trust deed investments, mortgages & business purpose loans.
If you have no item of value to trade for the money, a hard money lender such as a loan shark is the lender of choice. Loan sharks make their money by charging very high-interest rates, which are often against usury laws. Loan sharks might use threats of violence to encourage borrowers to repay the debt.