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Updated over 8 years ago on . Most recent reply

What are typical HML standards?
Looking to do my first deal this year.
One of the HML lenders I've talked to said these are their requirements for a newbie:
650 credit score
$10,000 in my personal bank account
14% interest only
Is this pretty standard across the board with the hard money loans you have used?
If not, what were your requirements?