Private Hard Money Lenders Search Available From HardMoneyTree.com
Added: (Wed Dec 01 2010)
Pressbox (Press Release) -
Hard money lenders, brokers, and borrowers interested in hard money loans can now turn to HardMoneyTree.com, a new online resource for services and information on hard money lending. The website offers comprehensive articles, basic guides, a lender search option, and other useful features to help users through the hard money industry, whether they're lenders looking for business or borrowers seeking quick financing.
Hard money loans are loans backed by the real borrower's property, typically estate, rather than his or her creditworthiness as is the case with conventional loans. Instead of checking credit histories or bank statements, private hard money lenders simply want assurance that the property securing the loan is enough to cover the balance and other fees in the event of default.
Individuals, who do not qualify for conventional loans because of poor or insufficient credit, or businesses with unique or urgent financial needs, often choose hard money loans to get the financing they need on time. Hard money loans can get cleared in a matter of weeks or days, as no extensive checks are involved. In exchange for the added risk, hard money lenders carry higher interest rates than most commercial banks.
What WE Do to help both Borrowers and Lenders?
http://www.HardMoneyTree.com provides an extensive and regularly updated directory of hard money lending companies, allowing consumers to compare lenders and find the best services on the market. The listing includes private hard money lenders from dozens of major cities and across several states. It also constantly adds new lenders to expand borrower's options and allow them to shop around for the best hard money loans.
Lenders also benefit from the site by becoming part of a growing network of businesses and getting exposure to more potential borrowers. Users can search by state, by loan type or amount, and other common features, so they can be found by borrowers specifically seeking the type of service they offer. Brokers can use it to access a larger pool of hard money lenders and find the best matches for their clients.
For borrowers new to hard money loans, Hard Money Tree also provides useful guides to help them better understand the market and their options. The Learning Center section explains the basics of hard money loans, how hard money lenders work, how much they can charge, and the types of hard money loans available. It also details the pros and cons of hard money loans and how one can choose the best deals.
The site also includes a Q&A section where users can post their own questions and get timely answers from experts. Questions may be about hard money loans, finding private hard money lenders, or the site’s services. A Frequently Asked Questions section will also be added shortly, so that users can browse around and learn the basics before making more detailed inquiries.
Hard money lending has been on the rise in the last few years as a result of the economic slowdown, which have pushed consumers and businesses into financial distress. As banks tightened their lending standards, many of them were left with hard money loans as a last resort. Hard Money Tree aims to help these borrowers by giving them the information and tools they need to get the funds they need at the lowest cost and risk possible.
HardMoneyTree.com is a directory of all the top hard money and private money lenders in the US. We profile top hard money lenders so the consumer can compare the best private money loan quotes. The website offers articles, basic guides, and a lender search option to help users whether they're lenders looking for business or borrowers seeking quick financing.