There is no set of criteria that is standard or unique to the hard money lending universe. The borrower is likely the one most familiar with the property and can be very helpful in the evaluation process by providing as much information as possible upfront and responding to requests for additional information in a timely manner. Most hard money lenders have a niche within which they operate (loan size, property location, property type, etc) and will only consider loans that fall within that niche. However, a general set of evaluation criteria follows:
