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Updated about 8 years ago on . Most recent reply

User Stats

20
Posts
6
Votes
Donald Lanzer
  • Santa Fe, NM
6
Votes |
20
Posts

Needing to know more about hard money lenders

Donald Lanzer
  • Santa Fe, NM
Posted
I'm trying to pull money together to purchase a fixer upper. This will be my first home purchase. I'm going to be a little short on this foreclosure so I was considering a hard money lender. I don't know what lenders require to see before they lend. Do lenders have minimums on the amount borrowed ? What are the average percentage rates lenders charge? Any other information that you might think a new comer might find helpful! Thanks!

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