Probe the Borrower’s Reason for Seeking a Loan

Originators who work with private money lenders need to understand how the money will be used By Jack Suddarth, president and founder, Equity Wave Lending Inc; and Jason E. Goldstein, Esq., attorney and shareholder, Buchalter APC Private money lenders predominately originate what are commonly referred to as business-purpose loans, usually secured by the value [...]

By |2021-06-03T18:50:56-07:00September 3rd, 2019|Blog, Real Estate|0 Comments

Loan to Value Explained: Real Estate Investing Essentials

Most people think credit history is the most important factor when hard money direct lenders look at their application. An important concept in real estate, particularly when seeking mortgage approval, is the loan-to-value ratio or LTV. Lenders will assess this if you’re an investor and applying for a real estate loan. What Is Loan-to-Value? An [...]

By |2021-07-12T12:23:01-07:00January 5th, 2019|Blog, Real Estate|0 Comments
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