The Difference Between Hard Money Lenders And Traditional Mortgage Brokers

Technically, a hard money lender is a type of mortgage lender but they are very different from standard banks. Generally speaking, hard money lenders are private individuals, which means their systems are somewhat different to that of regular banks and brokers. It is important to be aware of the differences if you are a real estate investor, because you may find yourself having to use a hard money lender. Read more