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Private hard money loans are specially given for the real estate which is usually individual or companyu2019s and surely not from the bank. The kind of money lenders lend is based on collateral security on the loans taken. They are mostly not concerned about the ability of the borrower to repay the amount. They are tension-free as they have collateral deposits with them. They can sell these deposits and can get their money back This type of loan is given by the private company or the individual usually taken for the house mortgage calculator California for a short period, with higher LTV and interest. <br>
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