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Updated over 4 years ago on . Most recent reply

Rod Lambe's profile image
Rod Lambe's profile image
Rod Lambe
  • Specialist
  • from Seattle, WA
  • Member since Apr 23, 2020
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User Stats

43
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17
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Rod Lambe's profile image
Rod Lambe's profile image
Rod Lambe
  • Specialist
  • from Seattle, WA
  • Member since Apr 23, 2020
Connect
Rod Lambe
  • Specialist
  • Seattle, WA
17
Votes |
43
Posts
Local Real Estate Networking

Is a Hard Money Lender a good place to go?

Rod Lambe
  • Specialist
  • Seattle, WA
Posted

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

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