IWS-77 : The IWS Hard Money Report of More Than 150 Top Hard Money Lenders

Description

The IWS Hard Money Report of More Than 150 Top Hard Money Lenders gives you name, address, telephone, and website for 150 of the top hard money lenders in the United States.

The IWS Hard Money Report includes a list of essential documents needed for hard money loans, discusses advantages and disadvantages of hard money loans, difference between hard money and private money lending, and more.

Includes special bonus report, Hard Money & Private Money 101, covering the following topics:

• How to Get Private Money Loans
• What to Know Before Taking Out a Private Money Loan
• The Hard Money Loan Process
• Five Tips for Hard Money Success
• How to Become a Private Money Lender

HARD MONEY LOANS are loans provided by private lenders and secured by the value of a piece of real estate. With hard money loans, the borrower’s credit rating is less important than the value of the property. With conventional lenders, the credit rating is more important.

PRIVATE MONEY AND HARD MONEY LOANS come with fewer restrictions and than conventional loans. Borrowers with poor credit often find hard money loans easier and quicker to obtain. At the same time, hard money loans usually have lower loan-to-value (LTV) ratios, shorter terms, and higher interest rates.

KNOWING the pros and cons of using hard money loans will help you secure hard money when needed and use it most effectively.