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Interest rates on commercial loans are generally higher than on residential loans. Also, commercial real estate loans usually involve fees that add to the overall cost of the loan, including.
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Non-bank lenders slash rates as wall of money floods property debt funding – Arsineh Houspian Tim Johansen, managing director of real estate finance at Qualitas. based on risk" but agreed there had "certainly been growth in the number of private lenders in the market". "I.
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Private money – Wikipedia – It refers to lending money to a company or individual by a private individual or organization. While banks are traditional sources of financing for real estate, and other purposes, private money is offered by individuals or organizations and may have non traditional qualifying guidelines. There are higher risks associated with private lending.
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