What are your fees for hard money loans?
Every single hard money loan is different. It’s hard to give a cookie cutter answer on what the fees will be. As a lender, we charge between 8-12% interest. In some cases, we charge points upfront. The fees we charge are based entirely on the risk of the loan, and the length of the loan. If a loan is risky, we charge a fee commensurate to the risk. Bottom line, we are transparent and always fair. We never want to overcharge, and we always focus on offering our clients every opportunity possible to show us ways the risk is less on the loan.