Creative Real Estate Financing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago,
Hard Money and Private Lenders Running Your Credit
I have spoken with more than several HML's and each companies website says no credit checks but after hundreds (exaggerating) of discussions with each co's agents they all wanted and more specifically needed to run my credit. Where is the asset based lending? Does lending on the asset need a personal guarantor? So in short to compare lenders i must have my credit run 4,5,or even 6 times? (also, i have all my updated scores from all three bureaus from a well reputable company to pass along instead of getting my credit run again, but the agents ALL say they need to run it thru there company.)