https://danharkey.com/post/when-the-lowest-rate-isnt-the-best-option

Will my loan close in time to save the deal?”

1.       It Explains Why the “Best-Priced” Loan Often Fails in the Real World

2.       It Reveals the Hidden Timeline Risk Inside Institutional Lending

3.       It Identifies Borrower and Property Profiles Most Likely to Get Stuck

4.       It Shows When Private Money Is a Strategic Tool—Not a Last Resort

5.       It Provides a Practical Safety Framework for Using Alternative Financing

The cheapest capital is worthless if it can’t perform on contract.

While private money carries higher rates and points, it provides certainty of closing when earnest money or the property itself is on the line.  In a crisis, the best loan isn’t the one with the lowest rate; it’s the one that closes on time.

If you have a deal currently hitting a wall or want a strategic backup plan for your next urgent closing, I’d be happy to share a few insights.