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Are you stressed about the money you owe. only on monthly payments; you also need to consider the repayment term. The longer your repayment term, the more interest you end up paying over the life.

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Hard Money 101: Everything You Need To Know About Getting. – Due to this higher risk involved on a hard money loan, the interest rates for a hard money loan will be higher than conventional loans. interest rates for hard money loans range from 10 – 15% depending on the specific lender and the perceived risk of the loan.

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