. The normal note given to borrowers is roughly $288,462. Prices on difficult cash loans meant to Richmond borrowers average around 10.8%. The length that is mean loans is 39 months. The mean note includes a 3.4 point origination cost. Loan providers typically provide a 78% loan-to-value on discounts in Richmond.
Loan Example 1
East Shore mortgage lender makes a hard cash loan to Mary for a rehab task in Richmond, KY, on a property that is listed for $380,000. (mehr …)