Mortgage Brokers

A conventional lender has a loan that falls just outside of their parameters either because of the borrower or the real estate in question. The borrower may have low cash flow, a low credit score or low income OR the real estate may be non-conforming, not completed or in less than perfect condition.

Bankers

Similar to conventional lenders, bankers - Banks, Savings & Loans, Thrifts and Community Banks often come across clients whose borrowing needs can only be met by unconventional solutions found outside of the bank’s lending parameters.

Real Estate Consultants

A real estate agent may have a client or property that presents limitations or challenges that most institutional lenders can’t overcome.

Attorneys

Attorneys specializing in Estate Planning, Divorce/Family matters, Bankruptcy and Real Estate often has a client that is about to go into bankruptcy or may be experiencing some other financial crisis. If the client has equity in a property, a loan from an unconventional, private lender could secure the client’s financial crisis.

Builders & Developers

A builder or developer is about to finish a project and turns up short on cash OR has run out of time and is about to be foreclosed on. A hard money lender may be able to refinance the loan quickly and can possibly set aside an interest reserve.

CPA/Financial Planners

Accountants and other advisors have numerous small business owners as clients, and if those businesses have expansion plans, they may need non-traditional financing sources to grow.