Tag: private money loans

The Difference between Hard Money and Private Money Loans

There is no difference! Hard money and private money loans are interchangeable terms that reference real estate loans with private investors as the lender, instead of institutional banks. You can potentially get a hard / private money loan when you are unable to obtain institutional / conventional financing. Possible reasons to get private money include:…

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When a 2nd Mortgage Hard Money Loan Makes Sense

A borrower might need to access additional equity when they already have a 1st mortgage. A mortgage that goes subsequent / falls behind the 1st mortgage is called a 2nd mortgage. Marquee Funding Group offers 2nd mortgage hard money / private money loans for owner occupied and non-owner occupied properties. Property types include: single family…

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