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Last Updated: Apr 24th, 2005 - 23:43:57 |
Hard Money Lending
A Guide to Selecting Whether to Work With a Broker or a Direct Lender
Hard Money Lenders are in the business of providing loans and loan services to people who require hard money loans (loans collateralized by real estate.) Hard money lenders may be direct hard money lenders or hard money brokers. Most hard money lenders are, in actuality brokers. Some hard money lenders are both brokers and direct lenders. In these cases, the hard money lender generally funds one or up to a few small loans per year and serves in the broker capacity to clients for the balance of loans the help to originate.
Apr 24, 2005, 23:39
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