Hard Money Loans are not regulated like residential mortgage loans. Residential mortgage loans are regulated so hard money lenders cannot lend on owner occupant properties. Many Hard Money Loan borrowers are real estate investors looking for short term financing where they can purchase an investment home and rehab the property and flip it to an end home buyer. Property flippers who intend on flipping their investment property after they are done rehabbing them can benefit by having a strong residential mortgage lender with no lender overlays.
Gustan Cho Associates is a team of professional licensed residential mortgage bankers and correspondent lenders with no lender overlays. If you are a hard money borrower and real estate investor and need to refer your potential home buyer to a residential mortgage lender with no lender overlays, contact Gustan Cho at 262-716-8151 or email him at GLCProperties@aol.com. You can also visit Gustan Cho Associates at www.gustancho.com.