Hard money and or private money loans

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  • Chris SeveneyBusiness Member
    Moderator
    Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes
    1y
    Quote from @Cynthia Leite:

    Does anyone have a sample HML or PML form that you have used that you can share?


     check out geraci - they have tons of forms. 

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  • Cynthia LeitePro Member
    OP
    Member since 2023 · 14 posts · 3 votes
    1y

    Thank you! 

    0Reply
  • Jonathan Chan
    Lender · Clermont, FL · Member since 2020 · 168 posts · 87 votes
    1y

    Are you trying to put together a borrower's package for potential lenders?

    0Reply
  • Patricia Anne Cawood
    Dunlap, TN · Member since 2024 · 49 posts · 3 votes
    1y
    Quote from @Cynthia Leite:

    Does anyone have a sample HML or PML form that you have used that you can share?

    Hello Cynthia. We do PML and HML. If you need assistance feel free to reach out. Thank you! 
    0Reply
  • Jacob Sherman
    12 Penns Trail Suite 138 Newtown, PA 18940 · Member since 2023 · 1k+ posts · 319 votes
    1y

    Like an application ? 

    0Reply
  • Cynthia LeitePro Member
    OP
    Member since 2023 · 14 posts · 3 votes
    1y
    Quote from @Jonathan Chan:

    Are you trying to put together a borrower's package for potential lenders?


     Yes, that's what I am trying to do! 

    0Reply
  • Cynthia LeitePro Member
    OP
    Member since 2023 · 14 posts · 3 votes
    1y
    Quote from @Patricia Anne Cawood:
    Quote from @Cynthia Leite:

    Does anyone have a sample HML or PML form that you have used that you can share?

    Hello Cynthia. We do PML and HML. If you need assistance feel free to reach out. Thank you! 
    thank you. What is the best way to connect
    0Reply
  • Jonathan Chan
    Lender · Clermont, FL · Member since 2020 · 168 posts · 87 votes
    1y
    Quote from @Cynthia Leite:
    Quote from @Jonathan Chan:

    Are you trying to put together a borrower's package for potential lenders?


     Yes, that's what I am trying to do! 

    Typically what we look for in a borrower is someone who has a good track record, (at least 5 in the past year) along with purchase HUDS, statement of work as well as sale HUDS. We want to make sure you're profiting off these projects. Then we'll look at credit and background checks to make sure you don't have a history of fraud. Once we've gone through that, we'll start looking at live deals and borrower packages. A complete pitch deck will include: 

    We'll evaluate some live deals to make sure that your assumptions and ARVs are in line with what our underwriter says. If that all checks out, we'll start working with you as a borrower. During our first deal we'll look at communication and regular updates. If communication is poor and/or we're not receiving regular updates with pictures and/or videos, we won't fund anymore projects. Hope that helps!

    0Reply
  • Patricia Anne Cawood
    Dunlap, TN · Member since 2024 · 49 posts · 3 votes
    1y
    Quote from @Cynthia Leite:
    Quote from @Patricia Anne Cawood:
    Quote from @Cynthia Leite:

    Does anyone have a sample HML or PML form that you have used that you can share?

    Hello Cynthia. We do PML and HML. If you need assistance feel free to reach out. Thank you! 
    thank you. What is the best way to connect

     we can exchange message here, send us a DM. Thank you! 

    0Reply
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