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what's the range of interest rate from hard money lender?

by ttran__996_413 from San Jose, California. Mar 9th 2012 Reply


Marc Noddle (MNoddle)
#232 ranked lender in California - 8 contributions

If you have a specific loan scenario, I can tell you if it's a good fit for my company.To view pricing, please refer to our rate sheets.Marc NoddleAthas Capital Groupwww.athascapital.com877-877-1477 x206

Mar 9th 2012
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Melvin List (melvinlist)
#143 ranked lender in Florida - 124 contributions

If Florida you would need around 30% to 35% down and the rates would range between 8% and 12% for a hard money loan depending on your loan scenario.

Mar 10th 2012
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Bert Carpenter (BertCarpenter)
#37 ranked lender in Arizona - 2,431 contributions

Based on deals I have seen, rates are going to run from the 9s on up, depending on all the factors you bring to the table. You can try the Scotsman Guide, at www.scotsmanguide.com to find some local hard money lenders and do some price checking directly with them. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ www.LoansA2z.com

Mar 10th 2012
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