by Hruday Charan Appani Mortgage broker. His assistant works at our Naperville office. They do residential and commercial loans. Bob gets deals to closing but he’s on the more expensive side. Their rates are about 8% – 12%. They’re good for short term loans where the investor wants to sell or refi to a more stable lending product within a short time period. Lower LTV’s for out of state investors. However, they can approve borrowers that are less “qualified”.
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