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5 Must-Remember Facts About Hard Money Loans, Dallas Lender Revealed

Hard money loans may not be easy to get for the first time. Beginners may find it hard to get full knowledge about hard money loans, Dallas lender stated. However, mentioned here are some of the facts you should know these loans.

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5 Must-Remember Facts About Hard Money Loans, Dallas Lender Revealed

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  1. 5 MUST-REMEMBER FACTS ABOUT HARD MONEY LOANS, DALLAS LENDER REVEALED

  2. HARD MONEY LOANS ARE GRANTED FOR A PERIOD OF 3 MONTHS (MIN) TO 3 YEARS (MAX).

  3. HARD MONEY LOANS ARE ACQUIRED BY KEEPING REAL ESTATE PROPERTY AS COLLATERAL.

  4. HARD MONEY LOANS DO NOT HAVE ANY PROCESSING FEES OR UPFRONT PAYMENT.

  5. HARD MONEY LOANS ARE PROCESSED FAST WITHOUT HASSLES, AS THERE ARE NO STRICT ELIGIBILITY REQUIREMENTS.

  6. HARD MONEY LOANS HAVE HIGH-INTEREST RATES RANGING FROM 8% TO 20%.

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