Hard Money Commercial Lending Made Easy
Fairview Commercial Lending was asked to speak at the Mortgage Brokers Forum (http://www.hartfordone.com/) in Las Vegas (December 3-4 2007) since Fairview Lending is regarded within the industry as one of the leaders in Hard Money Commercial Lending. It was created and presented by Glen Weinberg the COO/principal of Fairview Lending. The presentation is a training guide for mortgage brokers on hard money commercial lending. The following topics are discussed in the presentation:
- What is Private/hard money lending: definition of hard money,
history, key types of lenders - Key differences between hard money and conforming loans
- When should a deal go hard money
- How is a hard money loan underwritten
- Unique risks of hard honey Lending
- Tips for mortgage brokers placing hard money commercial loans
- Examples of closed hard money commercial loans
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