Hard Money Lenders in Birmingham, AL
Has any body used Anchorloans @ https://www.anchorloans.com/about.
I just want to make sure they are legit. I am trying to get a proof of funds letter.
Also, Some of these HML are just as bad as getting a traditional mortgage. the gurus dont tell you that. They keep saying it "its not about your credit, its about the deal" but the truth is that it is about both...
They also want you to have the down payment money already in your account.. I have a private lender who is willing to fund the down payment and closing cost if its a good deal, but they want to know where the money is coming from just like a mortgage...
Im learning that the Gurus are not telling the truth.. Financing is not easy.
Also, the HML wants you to have the property under contract to get the loan, n inorder to get the property you need to have the financing.... lol which come first the chicken or the egg lol