Testimonials abouWhat is Private/hard money lendingt Fairview Commercial Lending

The definition of “hard money” when referred to in real estate financing, is essentially a non-bankable loan.
The name hard money is frequently interchanged with “no-doc” or private loans.
For a hard money loan, the underwriting decisions are based on the borrower’s hard assets (real estate). Typically LTV’s are 65% or less
Hard money loans close relatively quickly with little/no traditional documentation (tax returns, etc…)
Pricing is higher for a hard money loan as opposed to conventional financing



	What is Private / Hard Money? The definition of “hard money” when referred to in real estate financing, is essentially a non-bankable loan. The name hard money is frequently interchanged with “no-doc” or private loans. For a hard money loan, the underwriting decisions are based on the borrower’s hard assets (real estate). Typically LTV’s are 65% or less Hard money loans close relatively quickly with little/no traditional documentation (tax returns, etc…) Pricing is higher for a hard money loan as opposed to conventional financing < Back - 1 - 2 -3 - 4 - 5 - 6 - 7 - 8 - 9 - 10 - 11 - 12 - 13 - 14 -15 - 16 - 17 - 18 - Next >

What is Private / Hard Money?