One of the fastest ways to get your loan request ignored by a hard money lender is ...

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When working with hard money lenders, be sure you are able to quickly summarize your loan request. Don’t go into too much detail or explanation until the lender has decided to move forward in the process with your loan request.

One of the fastest ways to get your loan request ignored by a hard money lender is not being able to quickly summarize the loan scenario.

If a prospective borrower cannot simply summarize the loan request in only a few minutes, chances are I will not consider the deal. If a prospective borrower cannot simply summarize the loan request in only a few minutes, chances are I will not consider the deal. 

Plenty of time to dedicated to loan requests in processing, but many loan requests will never get to the processing stage. Be clear, concise, and efficient.

If you have an Executive Summary it’s best to keep it to one page.

Again, more information will be requested and reviewed once your loan request has made it to the processing stage. The initial submission or inquiry is a quick snapshot to get a lender interested in learning more about your loan request.

I couldn't have said it better myself... 

“Just the facts, ma’am” – Sgt. Joe Friday, from the television series Dragnet

Do you have hard money loan questions or tips?