Hard money in USA and Canada
Hard money in usa and canada Canadian and American people use this term to avoid credit issue. Due to credit score is not so sensitive issue to make hard money loan, Canadian and American people happily use this term. Hard money lenders are asking for up to 2% up front fees. There will no effect on your loan amount, whatever your credit score is. And you also do not need to worry about that do you have credit information or not. But credit score may harm and help your interest and up front fees. If you have good credit score then you will get discount on your interest and up front fees figure. Up front fees are also known as charge or point fees. Most of the Canadian and American people want land loan. Hard money is offering them many attractive offers for land loan. There are many discounts on interest and up front fees figure for land loan. One can get up to 1-3% discount on his interest and up front fees figure if he takes land loan from hard money lenders.
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