by Erika Luitjens | Feb 15, 2023 | blog, Private Money Lending
The median home price in California is expected to drop significantly in 2023. You don’t want to miss a real estate opportunity. If traditional mortgages don’t meet your needs, you have other options. Private money loans give you more flexibility to get...
by Erika Luitjens | Feb 15, 2023 | Private Money Lending
Although the average credit score is 716, 15.5% of Americans have a FICO credit score below 600. For many people, getting a conventional mortgage can be a difficult task. If you’re a Californian that doesn’t qualify for a traditional home mortgage, you may...
by Erika Luitjens | Nov 2, 2022 | blog, Private Money Lending
Did you know that only 20% of American consumers have credit scores of 800 and above? Different institutions categorize credit scores based on their own factors, but a score range above 630 is typically considered good. The higher your credit score, the higher the...
by Erika Luitjens | Nov 2, 2022 | blog, Private Money Lending
Did you know that only 20% of American consumers have credit scores of 800 and above? Different institutions categorize credit scores based on their own factors, but a score range above 630 is typically considered good. The higher your credit score, the higher the...
by Erika Luitjens | Oct 27, 2022 | Private Money Lending
Did you know that 108 million Americans do not have a credit score? Unfortunately, this makes up about 16% of the United States population. If you are in this demographic, accessing a house or car loan can be impossible. However, this shouldn’t deter you from...
by Erika Luitjens | Sep 14, 2022 | Private Money Lending
Hard money loans may only account for 1% of residential real estate loans, but the industry is growing. In fact, the residential hard money market is worth about $10 billion. If you’re a real estate investor looking for some funding, keep reading to learn more...