With banks tightening up on credit and lending, and the median credit score down considerably, borrowers are finding that it’s growing increasingly difficult to get approved for a loan. What this has turned into is a huge opportunity for a certain class of lenders. Maryland hard money lenders are in the business of approving loan deals for borrowers that have really low credit scores. Folks that come from generally negative and distressed financial situations can get approved with these lenders. The only prerequisite is real estate, so called hard assets. If you carry a mortgage, even if you’ve been falling behind on your payments, then you own real estate, and you can qualify and in all likelihood, get approved for one of these loans through this certain class of lender. This lender will assess your property on a number of levels. One of these levels is the market value, another is the quick sale price of the property.