Hard Money - 'Junk Fees'

A lot of people are aware of the cost of a loan but there are also what are termed ' Junk Fees'. These are fees beyond the points and usually are on the HUD. Some lenders like to boast a very low interest rate and then add extremely large junk fees on at the table. Most hard money loans cost roughly the same amount to the borrower in the end so the easiest thing to do is find the company that you like the most, works the fastest, is the easiest to access funds from and then move forward with them.

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