loanhub: hard-land-loan-money

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At America Funding Lending we offer FREE business credit building & loan consultation, commercial hard money bridge loans, unsecured personal loans, sba federal & government grants, start up loans, commercial real estate financing, credit builder loans, credit repair, credit repair restoration, business fundability, accounts receivable financing, business cash advance, unsecured small business.

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Get direct hard money loans in Los Angeles, California or anywhere in the state for residential & commercial property purchases & refi’s. Interest rates starts at 7.99%. Call: 800-571-0887.

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. Interest rates are typically higher than conventional commercial or residential property loans, starting at 7.7%, [citation needed] because of the higher risk and shorter duration of the loan.

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Speed: because the lender is mostly focused on collateral (and less concerned with your financial position), hard money loans can be closed more quickly than traditional loans. Lenders would rather not take possession of your property, but they don’t need to spend as much time going through a loan application with a fine toothed comb – verifying your income, reviewing bank statements, and so on.

Collateral. Home equity loans expose lenders to a lower level of risk than unsecured debts because if you default on the loan, the lender can seize your home and sell it to raise money to payoff the loan.

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