3 Signs of a Good Hard Money Lender

3 Signs of a Good Hard Money Lender

Published On: January 8th, 2016Last Updated: January 8th, 2016Categories: Hard Money, REIs

 

If you are a real estate investor, you already know that you need to work with the most reputable hard money lender you can find.

But how can you tell?

3 Signs of a Reputable Hard Money Lender

  1. Credit information requirements. While you don’t have to have a sterling credit reputation to obtain a hard money loan, your lender will have certain requirements regarding your credit. Any lender that doesn’t use your credit score to help determine your eligibility for loan may not be completely above-board.
  2. A significant track record. A reputable hard money lender has a solid history of loans to other investors. If your hard money lender doesn’t have experience, you may want to search for a new lender.
  3. Multiple references. Your hard money lender should have a number of satisfied customers, including people who return to them time and again for the same types of financing. Check testimonials, reviews online, and ask for references say you can be sure that you’re working with a reputable hard money lender.

Do You Need a Hard Money Loan in Atlanta?

If you’re an investor who need a hard money loan to purchase the property in Atlanta or the surrounding communities, we may be able to help you.

Call us at 404-814-1644 or get in touch with us online. We’ll be able to answer your questions about the hard money lending process and get your application started right away.