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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 are typically issued by private investors or companies.
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Hard money land loans LTV (Loan to Value) Our hard money land loans will generally not exceed 50% of the value of the property. Loan Term. We’re flexible, however the term of our land loans will generally not be longer than 2 years. Interest Rate. Our interest rate can be as low as 8%, depending on the property, the location, the LTV, maturity date and the borrower.
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