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Robert Zolatn's Blog

By Robert Zolatn | Mortgage Broker
or Lender in 91601
  • How to get hard money loans in Boise Idaho

    Posted Under: General Area in Boise, Market Conditions in Boise, Financing in Boise  |  September 14, 2010 1:58 AM  |  1,511 views  |  1 comment

     

     

    Private investors have renewed  confidence in lending short terms at hard money  rates therefore on http://www.lendinguniverse.com hard lenders are once again buying  leads with LTV 65% or better. Real estate homes and commercial properties in Boise Idaho appears to reach it lowest level for the lower priced properties up to $174,900 Homes ranging $314,820 and better are flat or slightly down in the area.

     

    At the beginning of the year no one would go over 47%-55% loan  to value on SFR or commercial properties but now that the fear is gone and being more optimistic of better market ahead. Consumer loans secured by the principal own dwelling are being considered with reservation by private hard lenders because of numerous  consumer protection legal rules which make it  hard to invest by exposing the investors to potential legal challenge. 

 
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