FCTD Blog

Current updates on the real estate market, private money, hard money, and trust deed investing.

    -->

    Posts about

    Luxury Home Loans

    The Hard Part About Obtaining a Hard Money Construction Loan

    A hard money construction completion loan seems pretty easy and straightforward at 65-75% of as-is value of a partially finished home. And typically they are easy to get approved when it comes to the lender’s underwriting. Builders and house flippers, along with hard money lenders, often run into challenges from the title company’s issuance of a 2006 Alta Extended Lender’s Policy with 125% coverage.

    Picture of Ted Spradlin Ted Spradlin Mar 11, 2016 9:06:45 AM

    Subscribe to the FCTD Blog