Mortgage & Commercial Lending News.

Houston's premier blog for all things related to Commercial and Residential Hard Money Loans.

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What is the definition of Specialty Loan? A Hard-Money Lender's perspective.

Posted by Jim Emerson

Jul 13, 2020 10:57:51 AM

The first thing borrowers must understand about loans is that the PURPOSE of any loan DEFINES its category. This means that each loan nicknamed as a 'Specialty Loan' actually has a specific loan category that they fall under. We believe it's important to know with certainty what borrowers are looking for to maximize their time and effort.

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Topics: Specialty Loans, consumer loans, business loans

   

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