Typical Hard Money Terms

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Hard Money Loan Lenders A hard money loan is a specific type of asset-based loan financing through which a borrower receives funds secured by real property. Hard money loans

Hard money lenders can vary. If it is a high demand area compared to a low demand rural area the interest rates will be at least 2-5% difference. Just make sure you read all of the terms as they can be quite different then conventional finance. good luck.

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typical loan types and Loan Programs. Banks usually take 4-6 weeks to fund a loan, and require lots of documentation, and are based on credit score and income verification. Our Private Hard Money loans typically take 5-10 days and are based on equity in the property, not your credit score.

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A hard money loan is simply a short-term loan secured by real estate. They are funded by private investors (or a fund of investors) as opposed to conventional lenders such as banks or credit unions. The terms are usually around 12 months, but the loan term can be extended to longer terms of 2-5 years.

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