Is a Hard Money Lender a good place to go?

[Rod Lambe]

Hi BP Members & Friends,

I have been turned down for a $500,000 to $600,000 mortgage from every commercial bank including the one I bank with. The reason why is my wife & myself have mid 600"s credit scores. We both have steady full time employment in the same industry for years. Is a Hard Money Lender a good place to go for our first home?

Thank you for your time,

Rod