How do you determine if one hard money lender is better than the other? What is the criteria you use?
Look at points to close, interest rate and number of months before it will cost you more points to renew.
also look at: Max % LTV allowed, down payment required? Ability to defer monthly payments? Ability to roll points into the loan? What is their policy in disbursing repair funds… any funds disbursed upfront is a big + and check their BBB rating to be sure they are a good co. Check THEM out just like they’ll check you and your property out