CoHI has been a trusted source of real estate hard money loans on the Hawaiian Islands for almost ten years. We have earned a reputation as being fair and expeditious in funding private equity loans. One of the ways that we accomplish this is by issuing term sheet to borrowers shortly after receiving loan requests
. Â he purpose of a hard money term sheet on a real estate loan is to let the lender, borrower and broker (if applicable) have a clear understanding of what is ahead.
A CoHI term sheet for a hard money real estate loan will include all fees, interest rate, term of the loan, and expected funding of the loan. The term sheet is also issued to the borrower so that they can review it and decide if this is the best solution for their real estate.Â