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Harder for Borrowers to Secure a Loan in February, Credit Availability Hits record low

Harder for Borrowers to Secure a Loan in February, Credit Availability Hits record low

by | Mar 27, 2023 | Atlanta Hard Money, Atlanta Private Lending, Colorado Hard Money, Colorado private lender, commercial hard money, Commercial Lending valuation, commercial private lending, commercial property trends, Denver Hard Money, Denver private Lending, General real estate financing information, Georgia hard money, hard money, if there is a recession what happens to real estate, interest rates, mortgage rates

As a private lender, my call volume and closings the first quarter have been off the charts as borrowers fall out of more conventional products.  This trend is now playing out with the Mortgage Credit Availability Index showing substantial tightening of credit for all...