Hard Money Loans

The European Central Bank threatened on Thursday to stop lending to banks that would use Greek government bonds as collateral. The ECB would carry out the threat if Greece could successfully change the terms of its debts. The regional central bank is against the restructuring of the Greek debt because of fears it would bring [...]

Hong Kong and Shanghai Banking Corporation pulled out of retail banking on Monday from Russia. Instead of engaging in retail banking, HSBC said it will focus on making available global lending services to industrial and corporation clients. View full post on Banking Stories

You’ve decided to get a non-traditional loan. A hard money loan seems to be your best option at this time. Here are a few ideas and questions to ask designed to help aid your search for a reputable hard money commercial lender, broker, or referring source:

Vittorio Hernandez – AHN News Ottawa, Ontario, Canada (AHN) – The Bank of Canada announced Tuesday that it is keeping key lending rates unchanged at 1 percent. The decision was expected by analysts, even if there is a growing clamor for the Canadian central bank to hike the rates soon. Despite the bank’s forecast of [...]

There are a lot of different loan options out there that you may not be familiar with. Balloon loans, bridge loans, hard money loans, and many, many more loan types are out there, each offering a different set of advantages and disadvantages, each one potentially just what you’re looking for. If you’re thinking of taking out a mortgage, it may be best to learn a little bit about the alternate options you can choose from before settling on a loan type.

Private lending is an alternative to conventional loans such as you would apply for at your local bank or Mortgage Company. They are also referred to as Hard Money loans. Private loans are short-term loans ranging from 3 months to 3 years.

Never heard of a hard money loan? Find out what a hard money loan is and also learn how a hard money loan can help you avoid bankruptcy.

Hard Money Lending is Helping the Economy For real estate investors access to conventional funding through banks for real estate projects has become difficult to obtain. Banks have tightened up their requirements for lending, and any blemish on your record can disqualify you for a loan. Additionally the amount of paperwork required to obtain a [...]

A Great New Niche for Mortgage Brokers aE” Hard Money Lending With the subprime crisis of a few years ago, and the recession of the past couple of years, the demand for the services of mortgage brokers has diminished. These facts along with tighter lending standards, has led to tough times for mortgage brokers, with [...]

You may have heard of a concept called hard money lending, and you may be wondering how it differs from conventional bank financing. Either type of financing is available for both commercial and residential real estate loans. The key differences are in three parameters: 1. Cost 2. Timing 3. Availability The cost of hard money [...]