These loans are typically taken out for a period of up to 24 months. They are more commonly used to finance the Purchase of Land while Construction Financing is obtained.
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Private Money Loan Highlights
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- Loans from $100,000 to $15,000,000
- Up to 50% Loan to Value/Combined
- Stated Income (NO 4506T)
- Any Credit Score
- Residential, Commercial, Industrial Land
- NO Rural Land - Need Paved Rd, Utilities
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