Hard Bread is a term that is used almost exclusively in the United States and Canada where these types of loans are most common. In financial existing estate, hard bucks developed as an alternative "last resort" for goods owners seeking capital against the value of their holdings. The management began in the late 1950s when the credit crew in the US underwent drastic changes (see FDIC: Evaluating the Consumer Revolution).
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While we cannot promise you that we can get you the loan you are seeking, we can promise that we will be straight and honest with you
- We are currently in a very frivolous mart and lending and underwriting guidelines are changing daily
- Loan programs that were available 3 to 6 months ago are no littler close to Hard Money Loans the realm of possibility
- Currently, our own guidelines prevent us from lending check on any property with an NOD filed against it...most lenders are moving in the same direction.
