What is typical with Hard Money Lender? - Posted by Brian (IN)

Posted by Ben on June 03, 1999 at 19:06:04:

Rate: 12-18%
Points: 4-10
Ltv: 50-65%
Plus all closing costs paid by borrower.

What is typical with Hard Money Lender? - Posted by Brian (IN)

Posted by Brian (IN) on June 02, 1999 at 22:21:57:

I am preparing to call a hard money lender in my area for the first time. Can anyone give me a typcial scenario of info the lender will want and what are the average fees, points, rates and terms charged.

Thanks,
Brian