Do hard money loans show up on credit report?

Do hard money loans show up on credit report?

SC · Member since 2011 · 22 posts · 0 votes

Do hard money lenders usually report to credit?

What's your experience with particular lenders reporting or not reporting?

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  • Full-Time Investor · Charlotte, NC · Member since 2009 · 2k+ posts · 1k+ votes
    15y

    i've never had a hadmoney lender report my payment or loan to the credit bureau..if i defaulted or they would have had to foreclose, then yes, they may have reported it to the credit bureau...that being said, you must disclose a hardmoney loan if you're working on a mortgage at the same time...

  • SC · Member since 2011 · 22 posts · 0 votes
    15y

    Thank you for the info Bryan

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