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A hard money loan is a loan of "last resort" or a short-term bridge loan. Primarily used in real estate transactions, its terms are based mainly on the value of the property being used as.
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Refinance Mortgage Cash Out Calculator Refinancing Cash Out Calculator – Lake Water Real Estate – Cash Out Mortgage Refinancing Calculator. Here is an easy-to-use calculator which shows different common ltv values for a given home valuation & amount owed on the home. Most banks typically limit customers to an LTV of 85% unless the loan is used for home improvements, in which case borrowers.