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Hard Money Case Study – North Hayes, Oxnard, CA
When a borrower wanted to purchase a property on North Hayes Ave. in Oxnard, California, he was unhappy that traditional lenders would not work with him. Due to already owning multiple financed properties, conventional, FHA and even non-qualifying (non-QM) lenders...
Can I Use a Hard Money Loan to Purchase a Home?
Yes! You can purchase a home with a hard money loan. “Hard money” is any money that a private lender is willing to lend using real estate or other assets as collateral. A hard money loan is called an asset-backed loan because the collateral for the loan does not...
What is a Hard Money Loan?
Many people ask what is a hard money loan, how does a hard money loan work, how does a hard money loan work in real estate? Others may be asking how do I qualify for a hard money loan? The quick answer is that a hard money loan is a mortgage secured by an asset,...