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  2. Hard money lending: Guide to hard money loans and lenders - AOL

    www.aol.com/finance/hard-money-lending-guide...

    Hard money lenders would consider lending in this situation if they can be assured that, should the loan go into default, they can sell the house, pay off the first mortgage and still earn a ...

  3. Hard money loan - Wikipedia

    en.wikipedia.org/wiki/Hard_money_loan

    A hard money lender determines the value of the property through a BPO (broker price opinion) or an independent appraisal done by a licensed appraiser in the state in which the property is located. [8] The interest rates on hard money loans are typically higher than the rates charged for traditional business loans.

  4. Shylock - Wikipedia

    en.wikipedia.org/wiki/Shylock

    However, stereotypes of Jews as money lenders remained from the Middle Ages. Historically, money-lending had been a fairly common occupation among Jews, in part because Christians were not able to offer interest-bearing loans, then considered the sin of usury, and Jews were excluded from many fields of work. [3]

  5. Mortgage and refinance rates for Dec. 24, 2024: Average ... - AOL

    www.aol.com/finance/mortgage-and-refinance-rates...

    Frequently asked questions about mortgage rates What are mortgage lenders? Lenders are financial institutions that loan money to homebuyers. A lender is different from a loan servicer, which ...

  6. How to choose a mortgage lender: 6 tips - AOL

    www.aol.com/finance/choose-mortgage-lender-6...

    Hard money lenders typically require repayment in a short time frame, usually one to five years. They also generally charge steeper loan origination fees, closing costs and interest rates, as much ...

  7. Loan shark - Wikipedia

    en.wikipedia.org/wiki/Loan_shark

    A loan shark is a person who offers loans at extremely high or illegal interest rates, has strict terms of collection, and generally operates outside the law, often using the threat of violence or other illegal, aggressive, and extortionate actions when seeking to enforce the satisfaction of the debt. [1]

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