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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 loans are a way of borrowing funds over the short term. They’re especially popular with real estate investors, but they can also be a good tool for borrowers with assets, but poorer ...

3. What is a mortgage proof of funds letter? - AOL

   www.aol.com/finance/mortgage-proof-funds-letter...

   A proof of funds letter, or POF letter, proves you have the funds to buy a home. You might need one whether you’re getting a mortgage or paying for the property with cash.

4. Proof of funds - Wikipedia

   en.wikipedia.org/wiki/Proof_of_Funds

   A proof of funds (POF) is a document such as a bank statement proving that a person or a company has the financial ability to perform a transaction or meet a potential future liability. The POF can be issued by a bank, a financial institution or a trade finance provider.

5. Hard money loan - Wikipedia

   en.wikipedia.org/wiki/Hard_money_loan

   A hard money loan is a specific type of asset-based loan: a financing instrument through which a borrower receives funds secured by real property. Interest rates are typically higher than conventional commercial or residential property loans because of the higher risk and shorter duration of the loan. [1]

6. What documentation is required for personal loans? - AOL

   www.aol.com/finance/documentation-required...

   Personal loan lenders have very few restrictions on how you use your loan funds. Money from a personal loan can be used to cover the cost of home improvements and upgrades, medical expenses ...

7. Non-conforming loan - Wikipedia

   en.wikipedia.org/wiki/Non-conforming_loan

   Reasons include the loan amount is higher than the conforming loan limit (for mortgage loans), lack of sufficient credit, the unorthodox nature of the use of funds, or the collateral backing it. In many cases, non-conforming loans can be funded by hard money lenders, or private institutions/money. A large portion of real-estate loans are ...

8. How Do Hard Money Loans Work? Here’s What Real Estate ... - AOL

   www.aol.com/hard-money-loans-real-estate...

   The hard money lender approves a loan in the amount of $170,000 — well within the typical loan limit of 70% of after-repair value. The loan term is 12 months, and the lender charges a 15% fixed ...

9. Mortgage law - Wikipedia

   en.wikipedia.org/wiki/Mortgage_law

   A mortgage lender is an investor that lends money secured by a mortgage on real estate. In today's world, most lenders sell the loans they write on the secondary mortgage market. When they sell the mortgage, they earn revenue called Service Release Premium. Typically, the purpose of the loan is for the borrower to purchase that same real estate.