Funded Loan Buyers for Private Hard Money Lenders
The companies listed above purchase funded loans from private money / hard money mortgage lenders throughout the United States. They typically purchase the loans 3-15 days after closing. To work with the companies listed here, there are a few basic requirements:
- Have enough funds to close the entire loan,
- Established company with a strong track record
- Pass a background check
These Capital Providers offer an efficient source of capital for private hard money lenders. Lenders that get most of their loans funded by individual private investors face many challenges and inefficiencies. While it’s still good to maintain that investor network for some loans, a Capital Provider can make a lender’s business much more streamlined.