by Loan Department | Jan 1, 2017 | Financing and Loans
Myth: Hard money loans are so-called because the lenders and their terms are hard to negotiate or approve. Fact: Hard money loans are so-called because the lender is not a bank. The “hard” in hard money actually refers to the difficulty of the project itself. For...
by Loan Department | Jun 1, 2016 | Financing and Loans
Leverage as defined in the lending industry is the use of borrowed capital to achieve a financial gain. Investors typically use leverage when they expect profits to be greater than the interest payable. Leveraging can significantly increase your overall cash on cash...