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Hard Money Lending Outline
Origination Fee 2-3%
Broker Fee 2%
Interest Rate 16-20%
Term <12 months
Loan to Value <75%
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Before repair and after repair valuations are to be provided at time of loan
consideration and are the sole responsibility of the borrower to obtain.
Terms are subject to borrower approval and may be subject to change at any time. Borrower must provide a portfolio of all "flips" completed in the last 12 months. This information is subject to verification from lender.
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