What documents should a hard money lender request?

[Shedrick Archangel]

What are some of the documents that hard money lenders ask for to fund a deal?

[Jay Hinrichs]

depends on if they are local to the asset.. 

some want apprasials  others do them in house like Lending home.. 

application.. 

credit report

proof of your cash.. in checking account.. 

rehab budget

those are the basics.. 

Caution on the rampant use of social media by FAKE lenders who are out to just steal deposit money from you.

no real lender is going to ask for 500 to 800 up front.. 

also rates too good to be true like 5 to 7 % that is not REAL.

Also BS line of how the rates are that low because your buying an insurance policy that protects lenders.. that also does not exist in these loans.. its another BS line.

Offer to send you a picture of the guy or gal your talking to holding up their ID.. no lender does that .. 

all those are fakes and phonies.. think the Nigerian prince scams  they are scammers. 

Bad English no website or poor stock website as well