When was Lenders Loans founded?
Lenders Loans was founded over 25 years ago. The exact date is unknown though the name 'Lenders Loans' has been copyrighted for 9 years from 2001 to 2010.
After a slowdown due to the recent credit crunch and real estate crash, banks and mortgage lenders have begun to offer home equity loans again. Rates are relatively low, but lenders will make sure that the value of your property and the equity in it is sufficient to approve a home equity loan, and most such loans are available only to borrowers with excellent credit. However, there are lenders who offer home equity loans to…
Hard money lenders offer loans backed on property. They tend to be short term loans, but as they use the client's house as collateral they can cause the person to foreclose their property. Hard money lenders place a higher focus on the value of the collateral over the ability of the borrower to repay.