What is a hard money lender? The term "hard money lender" is used to describe lending outside of traditional banks or credit unions to an individual or a business. hard money loans, also called.
HARD MONEY BANKERS is a full service and self-funded private/hard money lending company providing fast and flexible financing for residential and commercial investment real estate deals. We are currently lending in Maryland, Washington DC, Virginia, Pennsylvania.
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you’ll save money. More of your monthly payment could go to principal with a loan at a lower rate. That makes becoming debt-free easier and faster. Many lenders allow you to shop for personal loans.
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Being a hard money lender involves a certain amount of risk but opens up a whole new way to invest in real estate. Real estate investors like being a hard money lender because of the control and flexibility it offers as well as the potential to earn higher than average rates of return.
Hard money lenders take a different approach: they lend based on collateral securing the loan, and they are less concerned about your ability to repay. If anything goes wrong and you can’t repay, hard money lenders plan to get their money back by taking the collateral and selling it.
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