UCONN Home Hard Money Lending
 
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For instance, Strickland says one of her hard money lender friends recently did a construction loan for someone building a cabin near Yosemite National Park. Most hard money loans are used for projects lasting from a few months to a few years. After you fill out the motorcycle loan application online and you are approved, we’ll send you motorcycle financing documents to read, sign and return. Occasionally, a lender will subordinate to another first lien position loan; hard money lending this loan is known as a mezzanine loan, a second lien or a junior lien.

It can be secured against a commercial property or residential investment property. Hard Money Mortgage loans are generally more expensive than traditional sub-prime mortgages.

If you can’t afford it, at least talk to people who might know what they’re doing. The rate is not dependent on the Bank Rate.

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