What are hard money lenders looking for?
There are general requirements for hard money loans, but they are not set in stone like traditional bank loans are. PMF Partners…
Low Credit Score?
If you are an investor with poor credit, many traditional funding sources are not valid options as most banks and mortgage companies…
HOW MANY MORTGAGE BROKERS DOES IT TAKE TO FINANCE A LOAN?
First, let me state two important disclosures. We are private, hard money commercial mortgage direct lenders, and 90% of our loans originate…
Mortgage Brokers Double Your Income Without Adding People or Overhead
In other words, add revenue that’s almost all PROFIT. How? By bringing a transaction with a VERY LARGE profit potential to your…
How Hard Money Helps
Private Mortgage Financing Partners, a “Hard Money” lender differs from traditional financial institutions. PMF Partners is asset-based, so first, we analyze a…
Difference between APY and APR
As hard money lenders, we are often asked, “What is the difference between APY and APR.” Both are used to calculate interest…
Trending: Rise in Default Loans
With the U.S. trying to get back to a more normal economic basis, and COVID-related SBA loans, loan forgiveness, and foreclosure moratoriums…
The Top Five Documents Provided To Me By Borrowers That Automatically Killed Their Loan Request
5. Five year projection with all revenue and expenses at 0. 4. Last two years tax returns showing loses of over $1…
The least productive type of commercial mortgage loan type for brokers…..
Loan requests that in actuality need equity capital, not debt capital. Hands down. These come in three varieties 1. No equity base……..Despite…
Economic Recovery and Hard Money
PMF Partners believes that during COVID-19 and the subsequent time it will take for our economy to recover, hard money loans for…