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Hard Money Lending: Everything You Need To Know | FortuneBuilders – Hard money loans for real estate investors are essential for not only securing deals, on the other hand, come with a specific set of upfront points, interest rates,
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Hard money rates – Lending Universe – Interest rates of hard money loans are normally higher than bank rates. It can be two to six percent higher and in some cases even more. The overall notion is that if a borrower cannot obtain a bank loan it must be a risker proposition and an investor who is taking such risk should be compensated accordingly.
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How to Use a Hard Money Loan to Buy Real Estate – High-Interest Rate One big downside of a hard money loan is that they often come with very high-interest rates. It is not uncommon to see interest rates between 10 percent and 20 percent on these types of loans. The lenders know they have the upper hand because you have very few options for.