by Glen | May 16, 2014 | Residential hard money
Get your Wow on Do you want to sell your house not only quickly, but for more money? Does your house have a wow item? What is your wow item? In the 15 years I have been lending (Fairview has been lending since 75 on both commercial and residential properties), I...
by Glen | Jan 24, 2014 | Hard Money Commercial Lending, Hard Money in the News, Private Lending, Residential hard money
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 more mundane topic; does the size of a hard money / private lender matter? Just...
by Glen | Dec 26, 2013 | Hard Money in the News, Housing Price Trends / Information, Private Lending, Residential hard money
I hope everyone has had a wonderful holiday season. As we gear up for 2014, there are a number of changes coming down the pipe for residential mortgages. I wanted to provide a quick summary and links to a couple articles that talk in detail about the new changes. ...
by Glen | Aug 27, 2013 | Hard Money Commercial Lending, Hard Money in the News, Residential hard money
No Upfront fees: What is the importance? Fairview never charges upfront fees to any borrower. I’m commonly asked: What does it mean that Fairview does not charge upfront fees? The financial dictionary states an upfront fee is: “A fee paid before a good is produced...
by Glen | Apr 10, 2013 | Hard Money in the News, Residential hard money, Small Balance Commercial Lending
I’m commonly asked what is the typical loan term of a hard money mortgage. A typical hard money lender will provide a loan term of 3- 6 months. This short of a time period is a large risk/problem for many borrowers. For example what if an investor...
by Glen | Jul 16, 2012 | Hard Money in the News, Residential hard money
As of Friday, Wells Fargo is no longer accepting broker originations. Per the press release: Wells Fargo & Co. announced that it would stop buying loans from mortgage brokers, effective on Friday. Wells says that loans from independent brokers account for just 5%...
