We at CGF would like to wish you and all your families and friends the most wonderful of Holidays and a Happy New Year! 2020 has been a very challenging time for all of us in so many ways and throughout our world. Hopefully through all that has transpired we have grown and created …
Private and Hard Money Lenders – Got Your Back?? Win!Win! It is important to understand as a borrower your private or hard money lenders intensions. There are many facets to obtaining privately funded loans of which can be exciting, quick, and full of opportunity. However when getting down to a loan’s nitty gritty it must …
When a great real estate deal comes along it is necessary to move fast. With current market conditions so competitive a real estate opportunity can be gone in a manner of days while borrower waits for bank loan approval. With Private Money lending available immediately that won’t happen as borrowers using private money can obtain …
Sometimes used interchangeably, but these two terms are not always synonymous. However in most cases each lender is loaning funds on collateralized real estate backed by a 1st trust deed or possibly a 2nd. Hard Money Lenders are those business organizations who charge normally higher interest rates, are shorter term loans (6 months to …
What’s the Difference – Hard Money vs. Private Money Lenders? Read More »
Private mortgage loans are made by private lenders instead of traditional financing sources such as banks, lending institutions, or government agencies. They usually are short-term (6 months to 3 years) asset-based loans, and decision to lend is mainly based on equity, and value of collateralized rather than borrower’s credit. These loans are a source of …
Private Mortgage Loans – Short Term Financing Alternative Read More »
