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For Hard Money Loans the primary emphasis is on Collateral & Fast Turnarounds. General guidelines are as follows: - $1 Million to $75 Million ($5 Million minimum if international)
- For Business Purposes
only
- 1st Mortgage or Lien required
- Personal Guarantees not
required (other than standard carve-outs)
- Many Types of Collateral may be considered (including
Real Estate, Equipment, & Aircraft)
- Foreclosures, Bankruptcy, Workouts, Auctions, etc.
are OK
- Fast Commitments with Closings as quickly as 2 weeks or less
- TERM: Up to One Year Interest-only with Rollover Options
- Can
"Step-Up" Loan Amount if Property Value rises through Renovation or Appreciation.
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