How Much is Too Much?

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Here's another tip for working with hard money lenders.

Allow the lender time to look at and respond to your loan request. Don’t inundate the lender with a barrage of emails or messages. The lender should be responding to your request within the timeline the lender has set forth. If there is not timeline then simply ask the lender when it expects to respond to your request.

When a borrower makes a submission to a lender for a loan consideration, it’s important the borrower submit the information the lender has asked for and in a manner that is easy to dissect.

The borrower needs to include all of the relevant information, no “piece-mailing”, and don’t submit too much or random information.

Do you have hard money questions or tips?