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Most people who have never taken hard money loans are tempted to think that these are quick and easy business deals that you can use to get hard cash. While these people are not necessarily wrong, there is more to hard loans than just that. Read more to learn about hard loans and how they…

Although private mortgage loans have less strict requirements regarding borrower credit and paperwork, it’s still important to know what it takes to qualify for a private mortgage loan. Keep reading to find out what private lenders consider when deciding whether to approve your application. How Do Private Mortgage Loans Work? Real estate investors use privately…

If you’re a real estate investor, you probably rely on loans to fund your purchase, so you can realize a return on your investment sooner rather than later. However, one major shortfall of traditional mortgages is the way they can get mired in a lot of red tape and paperwork. This is why fix-and-flippers and…

Private money real estate mortgages are a great alternative to bank or traditional mortgages. Not everyone qualifies for a bank loan and some property owners and borrowers prefer the convenience of a private lender as opposed to obtaining a loan through a bank or traditional mortgage lender. Speed If you are looking for a private…

An experienced private mortgage lender can fund a private mortgage within 10 days and sometimes sooner. GW Private Capital has funded loans within 2 days. This is not the norm, but it is doable. If your private money loan is taking more than a week or two weeks to close, you should be concerned. There…

In real estate, there are several types of mortgage loans available. The most common mortgages are traditional real estate loans offered by banks, savings and loans and mortgages lenders. Traditional mortgages have the lowest interest rates and the lowest loan charges, however, the qualification requirements are fairly stringent and every borrower must meet the minimum…