All lenders, whether bank or private money lenders in Washington DC, require a promise that you will pay your debt. This promise may be secured or unsecured. A secured debt is backed by collateral that the lender…
Non-Monetary Loan Covenants & You
Non-monetary loan covenants are items you must manage throughout all or part of the loan. If you don’t, you will trigger the loan coming due or other unfavorable outcome. (Remember what happened in that one Indiana…
Hard Money Lending Tips
How does the world of hard money lenders differ from traditional bank lending? To be frank with you, it is not too different. With us you will discover exactly what a hard money lender is,…
Hard Money Closing Process
Understanding the hard money closing process will help you prepare specific items relating to hard money loans that may be requested of you during the approval process from hard money lenders. A lot more happens…
Hard Money Loan Foreclosures
Hard money loan foreclosures are likely the last thing you want to think about when obtaining a new hard money loan. (But you wouldn’t be reading this guide if you were willing to walk into a…
Hard Money Loan Negotiation
Hard money loan negotiation could be challenging for your first time. When obtaining a hard money loan, there is more to consider in the negotiation than just the interest rate. Hard money lending companies are…
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