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Florida Mortgage Company, Hard Money, Private Lenders, Equity, Home Loan #mortgage #calculatro hard money equity loans. When traditional banks are unable to provide financing in time, a hard money loan can be the right solution. With a hard money loan, you get the funding you need when you need it.
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Hard money lenders tend to gravitate toward a certain asset class over time and grow familiar with a local real estate market. real estate investors and hard money lenders establish long term business relationships as investors know hard money is an important part of any real estate investor’s business plan. How Are Hard Money Loans Calculated?
Private Money Interest Rates do not fluctuate like institutional loans that are tied to common interest indices. The lender, the private investors, and we who fund the loans set the rates. The interest rates for 1st position mortgage notes are typically between 9.9% AND 13%.