Hard Money Lenders

I am commonly asked how does a borrower go about selecting a hard money lender?  This can be a tricky task in today’s economy.  There are many folks on the internet claiming to be hard money lenders that are actually brokers or loan arrangers.  The questions to ask are as follows:

1)      Do you fund with your own capital?  Fairview strictly lends its own money

2)      Are there upfront fees?  Fairview does not charge any fees prior to commitment

3)      Have there been complaints against the lender?  Google the lenders name and see what comes up, look at various message boards, etc…

4)      Does the lender actually fund loans?  Talk with the lender and ask them about their recent fundings

5)      Can you talk with the decision makers?  Fairview makes all decisions in house and performs its own property inspections

6)      Does the deal sound too good to be true?  Do you for example have a 580 credit and a lender offering you a 3% non-recourse loan?

Fairview Lending is a direct hard money lender.  There are no upfront fees or games.  We strictly lend our own money and close loans quickly.  More information can be found at fairviewlending.com.  For Denver and Colorado hard money: www.cohardmoney.com for Atlanta hard money www.Georgiahardmoney.com