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Updated over 11 years ago,

Joffrey Long's profile image
Joffrey Long's profile image
Joffrey Long
  • Lender
  • from Los Angeles, CA
  • Member since Dec 23, 2012
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147
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75
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Joffrey Long's profile image
Joffrey Long's profile image
Joffrey Long
  • Lender
  • from Los Angeles, CA
  • Member since Dec 23, 2012
Connect
Joffrey Long
  • Lender
  • Los Angeles, CA
75
Votes |
147
Posts
Classifieds

No Points Hard Money Loans? California Opinions?

Joffrey Long
  • Lender
  • Los Angeles, CA
Posted

Is a "no points" hard money loan important? I'm getting that suggestion from different brokers who bring me loans. Also, we just did one for a repeat borrower. Had to build in a prepayment penalty to make up for some of the loss, but clearly borrowers want to cut their overall cost.

Your thoughts? Feedback?

Is this a trend or just an isolated request ?

Joffrey

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