I hope everyone is off to a great year. I am commonly asked what is a Hard Money Loan, Bridge Loan, Private loan, etc… Many times these terms are used interchangeably. One could ask the question “what is hard money” to twenty people and likely get twenty different...
Over the holidays I always try to take some time to recap the prior year and to think about the changes that will occur in new year. I also contemplate strategically how these changes will impact the overall real estate environment and particularly the lending...
Fairview Commercial Lending:Your Direct Hard Money Lender with No Upfront Fees Does Size Really Matter ? I’m sure everyone has gotten various e-mails trying to help address the question of size with various remedies. Fortunately in this e-mail I’m going to focus on a...
With the legalization of recreational marijuana and continuing growth in marijuana, a new gold rush is on both in Colorado and throughout the country. Many newcomers are entering the industry hoping to strike it rich. Investment dollars are flowing to finance these...
Have you ever wondered what a "Hard Money Loan" or "Private Loan" actually is? Before discussing what these terms are it is important to talk about why a borrower might not be able to utilize traditional lending sources. The recent financial crisis has taken a toll on...
I'm commonly asked: "What is a hard Money Loan/Private Loan" and "What should I look for in a private lender". This video focuses on these two topics.
How do I select a property manager? This is very common question amongst property owners. I sat down with Steve Trythal of the Sessions Group to get this question answered. The Sessions group is a prestigious property management firm in Colorado.
How to Successfully Close a Hard Money Loan in Today’s Market The hard money loan market has evolved dramatically over the past decade. While the sector offers more opportunities than ever—thanks to an influx of private lenders and growing demand from real estate...
What you need to know about private lending All private lenders are loan sharks! I've heard this statement many times from both borrowers and brokers who have not had such a positive experience with a private lender. I recently wrote and article in the Colorado Real...
Credit or Character: which is more important in underwriting? I am sure everyone who has ever been involved in banking is familiar with the 3 Cs of lending, but what about the 4th C. Many wonder how a private lender underwrites a loan with the 3 cs of lending...
Hard Money’s Not What It Used to Be Underwriting criteria is tightening for these loans, even as demand increases The following is an excerpt published by Glen Weinberg (COO Fairview Lending) in the Scotsman's Guide (a leading publication for mortgage professionals)...
Ever wonder what the magic formula is to get a hard-money loan funded? There is quite a bit of misconception about how a hard money lender (private lender, bridge lender, etc.) underwrites its commercial and residential loans. Many believe that there is a magic...
Fairview is recognized as the leader in Bridge Loans . There are many misnomers about bridge loans both from borrowers and mortgage professionals. Below are frequent questions I have received about bridge loans: What is a bridge loan? When is a bridge loan used? Why...
