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Updated 5 months ago,

James McGovern's profile image
James McGovern's profile image
James McGovern
  • Flipper/Rehabber
  • from Bloomfield CT
  • Member since Oct 7, 2020
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User Stats

340
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71
Votes
James McGovern's profile image
James McGovern's profile image
James McGovern
  • Flipper/Rehabber
  • from Bloomfield CT
  • Member since Oct 7, 2020
Connect
James McGovern
  • Flipper/Rehabber
  • Bloomfield CT
71
Votes |
340
Posts
Mortgage Brokers & Lenders

Standard Forms for Hard Money Lenders

James McGovern
  • Flipper/Rehabber
  • Bloomfield CT
Posted

How come no one has created a standard form for hard money lending where the terms are easily comparable across them? Something similar to the HUD forms we are familair with? Everyone seems to use email and will describe things in their own terms. Others may leave off various fees that aren't discovered until closing. Why is that?

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