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Hard Money Lenders And Foreclosure
/in Foreclosure & Loan Mod Blog /by Scott LaninThe New York Times has just published an interesting article on hard money lenders. These are private lenders that charge a higher rate of interest. I have seen clients accept such loans at rates ranging from 9 to 15%, with the idea being that they will refinance again a year later into a more conventional […]
Hard Money Lenders And Foreclosure
/in Foreclosure & Loan Mod Blog /by Scott LaninThe New York Times has just published an interesting article on hard money lenders. These are private lenders that charge a higher rate of interest. I have seen clients accept such loans at rates ranging from 9 to 15%, with the idea being that they will refinance again a year later into a more conventional […]
Mortgage Resets: Record bill coming due
/in Foreclosure & Loan Mod Blog /by Scott LaninTwo million mortgages are about to go up. An impending disaster for homeowners . . .