What is the difference between a bridge loan and a hard money loan?
The short answer is that these two terms are often used interchangeably, but there are actually differences in the details. Both loans are short-term, primarily [...]
How fast can you provide funding?
Thanks to our streamlined process and extensive transaction experience, we regularly close loans in as little as 7 days. Keep in mind that there is [...]
Do your loans have any junk fees or hidden costs?
We have absolutely no junk fees or hidden costs. The only fee we charge is a loan origination fee, which is 2% of the loan [...]
Do you have a prepayment penalty?
We do not have prepayment penalties. You can pay off your loan at any point during the term of your loan with no penalties at [...]
What documents will I be required to provide as part of my loan application?
Our standard document requirement is very simple: Loan application Credit authorization Purchase contract Proof of funds for down payment Two years of tax returns Copy [...]
What are the best ways to choose a private lender?
We actually answered this question in great detail on our blog, so please check out this blog post, titled "How To Choose the Best Private [...]
Are institutional lenders better than private lenders?
There’s no correct answer to this question because the word “better” is so subjective. What is “better” for one investor may actually be worse for [...]
I already have the funds for my real estate investment project, so why would I need a hard money lender?
If you’re self-funding your real estate investments, that’s great! You definitely don’t need a hard money lender, but having a good one in your digital [...]
What’s the difference between getting a hard money loan from a private lender versus an institutional lender?
The biggest difference boils down to the information they use to make their lending decisions. Institutional lenders are typically “hard equity lenders”, meaning they make [...]