Why Use A Hard Money Loan?

Why A Hard Money Loan? While most people who have anything to do with real estate have heard of hard money, otherwise known as a private money loan, there are still many who can’t imagine a use for it. Who can blame them? The rates and fees are higher than banks charge.  For someone needing

How Do I Get A Loan With Bad Credit?

It is truly disappointing that basic classes in finance and accounting have yet to be added as mandatory coursework for our nation’s high schools or colleges. When it comes to preparing America’s youth for life in the adult world, lessons like managing accounts, balancing budgets, and building credit are paramount for financial success. And yet,

How to Buy a Home with Bad Credit (In California)

How to Buy a Home with Bad Credit in California  | Private Money Blog | Private Money Lenders in California

Is it possible to buy a home in California when you have bad credit?

Absolutely!

Yes, a good credit history is definitely an important part of financing any purchase – whether it’s a big screen TV, a new car, or a house.

But credit is not the only thing that lenders consider when making a loan to a home buyer. Your down payment, income history, and cash in the bank are other strong factors that can make up for your lower credit rating.

Then why is it that so many people don’t bother to learn about their options to purchase a home?