Agents Online Real Estate Forums, Discussion, Realtors Marketing Tips

Follow AgentsOnline on Twitter

Click Here to display our logo on your site and link to us!
AgentsOnline Real Estate Discussion Forums Logo

Realtor CommunityA popular online real estate community since 1998!


Sponsored Links
How To Advertise Here
How To Advertise Here

Good Idea!
Realtor Promotion Service

Sponsored Links
(Views)Popular Topics
No new orders today 13159739
Stupid MLS comments. 3374786
What do you know about Froy Candelario, top agent in USA 1245511
Stupid QC comments and BPO requirements. 1112826
New HUD Listing Brokers---Any Update? 1067694
Is there religious content in Buffini class? 856447
Let's talk about our cars 707262
Most common items found at an REO 634898
Name that Flick. Great movie Lines. 630887
Pay it Forward - BPO/REO Tips & Tricks I & II 624129
EML 459235
Main Street 454451
asset val seminar in colorado 427781
assist 2 sell or 1 percent realty? 359274
HOMONYMS - There, Their, and They're 334156
Evalonline 300211
Land America 285053
Mainstreet 261860
Matched Content
Topic Options
Rate This Topic
#460597 - 02/07/18 05:37 PM How do real estate hard money lenders get compensated?
Investingforlife Offline
Junior Member

Registered: 02/07/18
Posts: 2
Loc: California
Do they usually get a base plus commission or just a straight commission? Is it like loan officers , 3%?

#460599 - 02/07/18 11:25 PM Re: How do real estate hard money lenders get compensated? [Re: Investingforlife]
Vermont Offline
Major Contributor

Registered: 04/12/08
Posts: 7883
Loc: Vermont's North-East Kingdom
Because they're usually taking serious risks by loaning their own money, they are compensated with handsome interest rates on the sub-prime loans they make, and many protective clauses in the mortgages they write.

Then, if the margins are sufficient, they can also gain some profit by selling the Note in an aftermarket, and start over again with the same capital.
Dale C. Hittle of GOLDEN RULE PROPERTIES in Glover, Vermont
Where We're Always Striving To Put Together "THE FAIR DEAL"

#460600 - 02/08/18 12:34 AM Re: How do real estate hard money lenders get compensated? [Re: Investingforlife]
Long Walk Offline

Registered: 06/27/08
Posts: 309
Loc: New Hampshire
Are you looking to borrow or are you looking to lend?

The hard money I borrowed for our rehabs, or the sales I brokered where my buyer used hard money had the same basic terms: 10-15% interest rate, non-amortizing loan, 50-70% LTV of the repaired value, and 6-10 discount points charged at loan origination.

Most hard money lenders that I encountered were loaning their own money out of a 401K or some other investment. I also met a fellow, but never got to do business with him, who was a loan officer in a firm that did hard money across the Southeast.

You can tell from the loan terms what the compensation would be if the lender were loaning their own money. I have no idea what they might earn working for a lending firm.


Google Custom Forum Search

This Google Custom search may do a better job of searching the forums for some keywords than the old forum search does. The results do not include threads from the Asset Managers Forum however. To search that forum you will need to be actually in the Asset Managers Forum and you will need to use the old forum search below.

Newest Members
ch3lsea14, Amarki, ALSTIEL, alldmull1, HomeInspectionSe
30293 Registered Users
Who's Online
0 registered (), 60 Guests and 6 Spiders online.
Key: Admin, Global Mod, Mod
Shout Box

Top Posters (30 Days)
Vermont 13
Trouble 11
estatereal 10
Z06Fanatic 8
gitmonee 7
T.T. 6
Gamin' Agent 6
Mr. Clean 5
sualk54 4
Ananthi Mathur 4
Suburban Gal 4
Daniel1234 4
dalebeshansky 4
Analog Man 3
TheTexasGal 3

How To Advertise Here

This site presented by RNC Internet Services