General Hard Money Lending Question

[Brandon Chandler]

Hi All,

What is typically the minimum amount of money hard money lenders will lend on one property? Do most frown upon properties under specific ARV ranges?

Thank you,

Brandon Chandler

[Derek Dombeck]

We do less than 50k but there would be a minimum loan fee as we normally charge 3 origination points.  As loans get lower than 50k, it's not worth the paperwork for under $1500 to most lenders.