HARDMONEY-Will a hard money loan show up on a credit report?

[Raymond E. Hopkins]

I am wrapping up a personal renovation project in the next month or so, but have come across a potential deal in a duplex which needs renovation. I do not want to approach a bank on acquiring the property at this point, as the additional loan may push my debt to income ratio to high to roll my current personal project from a construction loan to a traditional VA loan. So, I am curious if hard money loans show up on a credit report. Any information would be beneficial!

[Tevis Verrett]

@Raymond E. Hopkins

Let me tighten up a couple misconceptions.  

First, when you are in a particular deal, you will see other "deals of the century" because you are a baller and in play.  Please know that more deals like this will be forthcoming.   

Secondly, as your HM lender, I have a vested interest in your success. We are team mates. I will do all I can to help you refinance me out of the deal. Most HM lenders are only in the deal for 6 months, we don't concern ourselves with hurting you with DTI ratios, we WANT you to complete the deal. Hope this helps.