In the financial world, hard money lenders lend in what is labelled asset based finance. Therefore the customer will put up the exact property he or she is preparing to obtain as collateral for the financial loan he or she is seeking. The loan to value ratio (LTV) for hard money lenders is without a [...]
Posts Tagged ‘lenders’
Precisely How Hard Money Lenders Operate
February 15th, 2012
MortgageWiz Virtually all hard money lenders perform what is known as asset structured loaning to their customers. The asset involved with the finance would be the property or home that the investor is actually borrowing against. What is known as the financial loan to value ratio is significantly lower for hard money loans than it is [...]
Lenders Finally Beginning To Approve House Loans Again!
September 28th, 2010
ifydcat Things are looking up for anyone hoping to take their first steps on the housing ladder. Despite most potential first-time buyers believing they can’t afford to snap up their dream home, evidence from the Halifax published this week suggests that mortgage costs as a proportion of monthly income have shrunk dramatically. The lender claims that [...]


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