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Hard Mortgage Loans are no income loans

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Hard Mortgage Loans are no income loans

Many new borrowers and trust deed investors are asking the question: what are hard mortgage loans, and if this type of lending is the same as no income loans?

Well, hard mortgage loans are done by private mortgage lenders and are not regulated. To get qualified you need mainly equity, so income or credit will be a requirement with most hard mortgage lenders.

Private investors are not looking at your income, but sometimes are interested in the property’s income so if you default on the loan they will own an income producing property. No income loans are hard money loans and hard mortgage loans, so apply today with us for a loan.

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