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Interest rates on Hard Equity/Hard Money loans are higher than for conventional loans. loan amounts for Hard Equity/Hard Money loans typically are calculated on a maximum of 65% of the current market value of the property or of the purchase price.
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Unit owner and solo mum treacy sheehan told the Southern Courier she was struggling to juggle mortgage and childcare payments.
Owners said they were not able to have their mortgages extended or obtain a personal loan, borrow money from friends,
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