Choosing a hard money lender

[Victoria J.]

Hello BP!

I've read a lot about where to find a hard money lender. Either from agents in the area, other investors, or, of course, the Bigger Pockets directory. The amount of lenders in my area or that will work in my area is overwhelming. So how does one CHOOSE from these lenders? I heard someone say "don't go with HMLs who use extra fees up front for like paperwork and processing and such". And I'm sure the price is a factor. (Although maybe you get what you pay for with loans?? Not sure there.) So what else plays a roll in who you choose? Aside from who will give you money! Thanks