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Construction Loans are given when one is building a house or business. It is how the owner can pay the contractors for the work performed.
Private / Hard Money Loans are private loans that lend money (Hard money) based on the property you are buying, and not on your credit score. The usual percentage cost of these loans is usually higher than the average mortgage, often doubles than a regular mortgage including the origination fees.
PRIVATE/HARD MONEY LOANS
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