And it turns out, borrowers are better off for it. See, North Atlanta hard money arrangements are more conducive to the things that more borrowers want to capitalize, such as small business, home improvement projects, or even investment ventures elsewhere Hard money lenders in North Atlanta only really require real estate to be put up as collateral, in order to do business; that’s the price to do business: the real estate deed and title, without that, there can’t be anything to negotiate really. Lenders will absolutely have to have this at the door. And lenders will vary about what sort of credentialing and background checking takes place about the real estate, about even the person or people that own the real estate. Most often though, lenders won’t take real estate deeds for which there isn’t an undivided say or ownership of the borrower on the title or deed; without that, the private mortgage loans just won’t go through.
For More Local Private Money Lenders: https://hardmoneylendersonline.com/georgia/atlanta-ga[webdirectory-listings locations=North-Atlanta show_views_switcher=0]