Real Estate Financing, Hard Money, and Private Lenders in San Antonio
Do you have a magnificent investment opportunity? Are the banks refusing to give you a loan because of bad credit or unpaid mortgage? Fret not, hard money lenders in San Antonio are your way to finance all of your real estate dreams.
Do you have a magnificent investment opportunity? Are the banks refusing to give you a loan because of bad credit or unpaid mortgage? Fret not, hard money
lenders in San Antonio are your way to finance all of your real estate dreams.
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Instead of looking at the borrower’s
income, hard money lenders in San
Antonio tend to focus more on the equity
value of the property. This makes hard
money loans riskier for the lender.
Because they pose a greater risk to the lenders, hard money
loans have a higher interest rates than regular loans. For
example, a typical mortgage might be offered at 12%, while
an equally-valued hard money loan will have around a 20%
interest rate.