Top 3 Most Common New Lender Mistakes - #279

In this episode of the Private Lenders Podcast, hosts Chris and Jason break down the three most frequent mistakes new private lenders make—and how to avoid them for long-term success.

1. Over-leveraging loans
   Lending at high loan-to-value ratios (90–100%) with little borrower equity may seem appealing early on, but it often leads to late payments, defaults, and portfolio losses if not corrected quickly.

2. Poor understanding of property values
   Relying solely on borrower estimates or surface-level metrics can be risky. This episode emphasizes the need for lenders to conduct thorough underwriting using tools like MLS data, appraisals, and public records.

3. Lack of marketing efforts
   Many lenders underestimate the importance of a consistent marketing strategy. Without steady deal flow and strong borrower quality, even the best underwriting won’t lead to long-term success.

✅ Please like, subscribe, and share! ✅

Are you a new or experienced private lender or hard money lender? Join Jason Balin and Chris Haddon from Hard Money Bankers as they draw from their extensive experience running a successful hard money lending company since 2007. Tune in weekly with episodes related to all aspects of private lending. From discovering lucrative loan opportunities to securing private capital, effectively managing your loan portfolio, handling defaults, and much more, we've got you covered.

✔️ Tune in now and watch the full video podcast at www.privatelenderspodcast.com

✔️If you enjoyed this podcast we would appreciate a positive review... https://podcasts.apple.com/us/podcast/private-lenders-podcast/id1476153070

✔️Make sure to check out the #1 Online Community For New and Experienced Private and Hard Money Lenders.. Create your account at www.hardmoneymastermind.com

FOLLOW US ON SOCIAL Get updates or reach out to Get updates on our Social Media Profiles!

✅ Instagram: https://www.instagram.com/hardmoneymastermind/

✅ Tiktok: https://www.tiktok.com/@hardmoneymastermind