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Whatever the term’s origins, hard money loans usually have terms of less than one year and interest rates of 12% to 18%, plus two to five points.A point is equal to 1% of the loan amount, so if.
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The cost ceiling limit of the house which an employee can construct/ purchase is Rs.1.00 crore with a proviso of upward revision of 25% in deserving cases. There is a provision for individuals.
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If you're buying a home, but have little extra cash to make repairs, these two home loans will get you the cash you need to renovate a fixer-upper.
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But in reality, getting a loan takes into account much more than just your score.. Being able to afford a house means keeping your debt-to-income ratio below.
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