PMF Partners Insights
Borrowers are now looking into Hard Money more than ever!
Originally published in 2020. Specific interest rates, loan sizes, and program details have likely changed since. For current terms, please contact PMF Partners.
The expectation among many is that lenders are actively looking to make new loans or refinance existing ones, but that is not the case. Consequently, commercial loan volume is down and loans that are being made now are being closed with more difficult underwriting requirements. This is causing borrowers to look into hard money loans. Visit our website for more information about hard money loans to be used for the acquisition, rehabilitation and equity cash out of investment and commercial properties!
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