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Coronavirus lending 101: What do you need to know to get funding

Coronavirus lending 101: What do you need to know to get funding

by | Mar 29, 2020 | Coronavirus 2020 real estate impact, hard money, Other Questions, private lender, Private Lending, Process/Loan Submittal, Program Details

The Coronavirus pandemic has thrown the economy off a cliff leaving many equity rich property owners with no cash flow.  The pandemic has caused many residential and commercial tenants to defer or totally miss payments as the economy shuts down.  Property owners are...
Mortgage rate increase, still funding in cash

Mortgage rate increase, still funding in cash

by | Mar 13, 2020 | General real estate financing information, hard money, Hard Money Commercial Lending, Hard Money in the News, Housing Price Trends / Information, interest rates, private lender, Private Lending, Process/Loan Submittal, Program Details

  First,  I hope everyone is doing okay with everything going on.   As many banks and other lenders pull back thru the pandemic and the mortgage rate increase we are still funding. We fund and hold all of our loans in cash without leverage so we will continue to...