Commercial hard money is similar to traditional hard money, but may sometimes be more expensive as the risk is higher on investment property or non-owner occupied properties. Commercial hard money loans may not be subject to the same consumer loan safeguards as a residential mortgage may be in the state the mortgage is issued. [...]
Upside to hard money commercial loans First, you need to understand what hard money commercial loans are. The definition of "hard money commercial" in real estate financing is essentially a non-bankable loan. The name hard money is frequently interchanged with "no-doc" or private loans. For a hard money commercial loans, the underwriting decisions are based [...]
If you need a hard money lender in Chicago and surrounding areas Chicago Rehab Loans is your premier financing lender. Of all the hard money lenders in Chicago Rehab Loans offers the fastest and most flexible financing. There are times when bank loans and slow processing time just won’t do. Riverdale can offer you privately [...]
Commercial Mortgage Loan and Private Money Alternatives By: Kimberly Hoffman If you have never borrowed money for your business before, you may be in for a surprise. Whether you want to borrow working capital to expand your business or leverage equity in a commercial real estate venture, you will soon find out the commercial loan [...]
