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Robert Zolatn's Blog

By Robert Zolatn | Mortgage Broker
or Lender in 91601

How to find hard money lenders in Mesa Arizona

Hard lender are no longer afraid to lend therefore on http://www.lendinguniverse.com hard brokers are rushing to buy lead packages of under 67% LTV. The maiden real estate home value of Mesa Arizona reached bottom for the lower priced properties up to  $140000. Real estate ranging $252000 and more may still going  down in that local.   

At beginning of 2010 the most they will go was about 50%-52%  LTV on SFR or commercial but with the renewed optimism evidence by  prices stabilizing and no longer diving here. more investors are willing to look at investing in equity trust deeds. This is generally only true to non owner occupied and commercial loans. Dwelling which are owner occupied are not favorable by private hard lenders because of new consumer protection laws which make it extremely hard to lend by exposing the investors to legal challenge by the borrower in the future.

Comments

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