Nationwide hard money lenders are companies and brokers who can locate and/or fund hard money loans in most of the states in the US.

As a rule conventional consumer mortgage lending happens on the state level. Most states have their own licensing requirements and regulations for lenders when it comes to making consumer loans.

However, commercial mortgage lending, i.e, lending to individuals and companies who buy, own, manage and sell real estate with intent to make a profit is a lot less regulated by states and on federal level.

This allows some hard money companies to offer hard money loans nationwide directly, or through satellite hard money loan originators locally. Nationwide hard money lenders will likely have different origination costs, interest rates, Loan-to-Value (LTV) ratio requirements in different states. These differences relate to the nationwide lenders perception of the where the market is locally and allows them to mediate the risk they’re taking in a particular local real estate market.

The biggest difference will be the LTV nationwide lenders use to determine safe mortgage loan limits in different states. In states with healthier real estate markets these limits could be as high as 70%-75%. At the same time in states with depressed real estate they could go down to 60% LTV or even lower. Some states with particularly distressed real estate could be completely excluded from the nationwide hard money lending program.

Nationwide hard money lenders tend to have a pretty good grasp on how different states stack up based on the volume of loans and the ratio of bad loans they have on the books in each state. This data allows them to determine how aggressive they should be marketing their hard money loans in each state or target market to real estate investment community.

Nationwide hard money lenders tend to market their services at large real estate conventions and seminars, through local investor groups and through variety of online forums for investors.