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Ted Spradlin: Sep 23, 2023 12:40:02 PM
In the early and mid-2000s, mortgage lenders were handing out loans without the notion that they would ever be successfully paid in full. This, along...
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Ted Spradlin: Jul 3, 2023 7:38:26 AM
With a stage funding construction loan, the borrower only pays interest on the amount of money already disbursed. This means the borrower doesn't pay...
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Ted Spradlin: Jul 3, 2023 5:47:31 AM
Dutch interest is a method that charges interest on the entire construction loan amount, even if only a portion has been disbursed to the borrower....
3 min read
Ted Spradlin: Jun 20, 2023 6:28:08 AM
Foreign national hard money bridge loans are short-term mortgages available to non-U.S. citizens to purchase or refinance real estate in the United...
2 min read
Ted Spradlin: Jun 16, 2023 1:00:00 PM
You're a foreign national searching for a hard money loan to purchase U.S. property. Before you get any further, you need to work through multiple...
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Ted Spradlin: Jun 16, 2023 11:00:18 AM
There are several pros and cons to consider before seeking a foreign national hard money loan to acquire or refinance a property in the United...
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Ted Spradlin: Feb 21, 2023 11:23:40 AM
Yes, hard money lenders check credit when they underwrite a new loan application. Even though credit scores aren’t the primary deciding factor to...
3 min read
Ted Spradlin: Feb 21, 2023 7:47:57 AM
If you’re facing foreclosure, you’re probably searching for ways to save your property from potential sale at auction. Logically, this makes complete...
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Ted Spradlin: Feb 20, 2023 11:28:58 AM
Hard money loans are considered "cash" in instances where the property seller mandates the buyer pay with cash rather than with bank financing....
1 min read
Ted Spradlin: Feb 20, 2023 6:59:04 AM
Yes, nearly all hard money loans are interest-only, with only a few having a fully amortizing payment structure.
