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Ted Spradlin

Ted is the managing broker for FCTD with 20+ years mortgage industry experience. His focus is bridge loans and long-term rental financing.

Who Qualifies for a Foreign National Mortgage Loan?

1 min read

Who qualifies for a foreign national mortgage loan?

Foreign national mortgage loans are invaluable financial instruments for non-U.S. citizens interested in purchasing real estate in the United States. These specialized loans offer foreigners, without U.S. citizenship or permanent residency status,...

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The Different Types of Foreign National Mortgages

3 min read

What are the Different Types of Foreign National Mortgages?

If you're a foreign national planning to finance a residential property in the United States, this article explains the different types of foreign...

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10 Problems in Cannabis Mortgage Financing

4 min read

10 Problems in Cannabis Mortgage Financing

From 2016-2017, I received five calls a day from people looking for hard money loans on cannabis properties. I spoke to a variety of people and heard...

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Best Examples of Assisted Living Hard Money Loans

2 min read

Best Examples of Assisted Living Hard Money Loans

If you’re looking for financing on a senior living property, check out the best examples of assisted living hard money loans we at First Capital...

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Do Hard Money Lenders Check Credit?

2 min read

Do Hard Money Lenders Check Credit?

Yes, hard money lenders check credit when they underwrite a new loan application. Even though credit scores aren’t the primary deciding factor to...

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Hard Money Loan Stop Foreclosure

4 min read

Hard Money Loan to Stop Foreclosure on Your Primary Residence

If you’re facing foreclosure on your primary residence, you’re probably searching for ways to save your property from potential sale at auction by...

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Are Hard Money Loans Considered Cash

3 min read

Are Hard Money Loans Considered Cash?

Hard money loans are considered "cash" in instances where the property seller mandates the buyer pay with cash rather than with bank financing....

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Are Hard Money Loans Interest-Only

1 min read

Are Hard Money Loans Interest-Only?

Yes, nearly all hard money loans are interest-only, with only a few having a fully amortizing payment structure.

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What are hard money loan requirements?

7 min read

What are Hard Money Loan Requirements?

An average person — and even real estate agents or conventional mortgage lenders — may have some questions on how hard money loans work. Maybe you...

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5 Common Mistakes to Avoid with Hard Money Loans

3 min read

5 Common Mistakes to Avoid with Hard Money Loans

Hard money loans are a popular option for borrowers to quickly fund real estate projects with minimal documentation. However, these loans come with...

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