Reasons behind Commercial Hard Money Loan Rates
 |
Aditi Bansal |
Updated on Thursday, June 01, 2017
If you are going through many financial difficulties, getting a commercial hard money loan will be an excellent idea. On the other hand, if you are arranging on borrowing this kind of mortgage, you will have to go forward and be ready to pay a higher interest rate.
tags #Commercial Hard Money #Loan Rates #
Here are several reasons as to why commercial hard money loan have high-interest rates
Credit score
Many commercial real estate owners have a credit score that is below 650. This means that it is poor and that they can get and don’t qualify for traditional lending. Commercial hard money loans are usually their last resort. To cover for the risk of lending money to such people, commercial hard money lenders have to charge extra.
Troubled borrowers
Many commercial hard money loan borrowers are usually in a distressed situation. For instance, if they are close to losing their home due to foreclosure. In such a case, the borrower has no option that to agree and take the commercial hard money loans with a high-interest rate.
No competition
Commercial hard money lenders are people who are willing to offer their private funds. Therefore, it is not easy to locate and find them. They can, therefore, charge the interest rates that they wish and still manage to get borrowers.
This page with a focus on Commercial Hard Money, Loan Rates was shared by Aditi Bansal.
Share this on:
More links
- 7 B2B Marketing Strategies Examples For Long-term Success
- Six Steps for an Effective B2B Content Marketing Strategy
- Five Steps To Making Sales Through Social Media
- Why B2B Marketers Still Struggle at Conversion Optimization of Leads
- LinkedIn lead generation. 3 Simple Steps that can Swiftly Increase Linkedin Lead Generation
- A 3 step guide to get started on LinkedIn Sales Navigator
- LinkedIn Sales Navigator, GMail & CRM: Working Together to Boost Sales
- The Top 12 LinkedIn Tools to Improve Sales Prospecting
- 6 Advanced LinkedIn Prospecting Tactics that help Sales Reps to boost sales
- How Your Team Can Make the Most of LinkedIn Sales Navigator
- How to use LinkedIn effectively as a personal CRM system
- Quality features to look for in a B2B CRM System
- 10 Essential B2B Social Media Tools for Efficient Marketing
- 5 Ways of using B2B CRM To Achieve Best Marketing Growth
- Important Lessons for B2B technology PR from Donald Trump’s Campaign
- LinkedIn Sales Navigator Cost: How to decide if It's Worth It
- Which B2B Social Media Network is Best for your Marketing Strategy?
- How to Leverage CRM for B2B Content Marketing
- 10 Essential B2B Social Media Tools for Efficient Marketing
- B2B MARKETING IDEAS: THE SKYSCRAPER TECHNIQUE
- B2B Lead Generation Tactics in Commercial Insurance Markets
- B2B Social Media Marketing: Smart Ways to Generate Leads
- B2B Video Marketing: Best Practices to engage customers and improve conversion
- B2B SEO: Best Practices
- B2B Social Selling: Making a Foolproof Plan
- B2B Marketing Automation Market Trends
- B2B Marketing Automation: 6 Steps to Select the Best Platform
- 6 Important Tips to Use Twitter for B2B Social Selling
- B2B Magazines: Top Trends and Challenges for Marketers
- B2B Websites: Best Practices to Increase Traffic and Conversion Rates
- B2B Lead Generation Company: How to choose to get the best results?
- B2B Telemarketing: 7 Tips to Boost Lead Generation
- B2B Email Marketing: 10 Quick Tactics for Lead Generation
- B2B Email Marketing Strategy: 6 Best Practices for Sure-Shot Results
- Top 5 B2B Marketing Tools to Leverage for Automation
- A Few Ways Marketers Fail in B2B Telemarketing
- 5 B2B Content Marketing Strategies for Effective Lead Generation
- Buying Email Lists for B2B Email Marketing? Bad Idea. Build an Email List of Your Own
- Top 9 Effective B2B Facebook Marketing Strategies
- Marketing Strategies for Optimum B2B Lead Generation
- 7 Ideas to Engage a B2B Audience via Instagram
- Aren't You Using Quora for B2B Marketing?
- 7 Actionable Tips for B2B Reddit Marketing
- 5 Benefits of Business Process Management that you must consider
- 5 Essentials for a successful Business Process Mapping
- 5 Major Business Problems that Business Process Automation Solves
- Marketing Stats of 2016 Offer Clues to Actionable B2B Marketing Strategy for 2017
- Trends in Marketing Automation Technology- Asia that you must know
- Synchronizing Sales & Marketing for a Successful B2B Marketing Campaign
- 5 Important Components of Client Relationship Management
- Why Readership on Your Digital Publishing Platform is Dropping
- 7 things to know about B2B commerce
- Digital Ecosystem Maps for Digital Marketing Success
- Advantages of Business Process Mapping
- Supplier Relationship management for procurement challenges
- Are you a Business Owner? 5 Benefits of Using CRM Software
- B2B Lead Generation Strategies for 2017
- Generating Leads Using LinkedIn
- Digital ecosystem for e commerce players
- What is a B2B e commerce platform
- Top 10 Benefits of B2B E-commerce