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Robert Zolatn's Blog

By Robert Zolatn | Mortgage Broker
or Lender in 91601

Lending hard money in Aurora Illinois


 

 

Hard money investors are Taking advantage of this opportunity to pick up choice investments at very secured level and that why on http://www.lendinguniverse.com where commercial lenders are again purchasing leads that are under 70% LTV. The latest real estate properties in Aurora Illinois seemed to bottom at about $169,000 Properties that are $304,200 and more may still going  down in that local.

 

6 month ago hard lender would look  only on loans leads below 47%-55% LTV on SFR or commercial real estate but with the fear subsided and being more optimistic of more stable prices. Consumer loans secured by the principal own dwelling are not favorable by private hard  lenders because of new regulations that make it extremely hard to invest in such transaction by exposing the investors to potential legal challenge. 

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