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Hard money commercial loans http://www.lendinguniverse.com/ If the loan is fractionalized, the LPDS will in elude:
The name and address of the escrow holder.
The anticipated closing date.
Descriptions and estimated amounts of the costs payable by the lender (or purchaser) and borrower (or seller).
For the sale of an existing note: the aggregate sale price; the percent of the premium over, or discount from, the principal balance plus accrued/unpaid interest; and the effective rate of return if the note is paid according to its terms.
The estimated closing date of a loan origi¬nation.
The MLB 's explanation if certain statutory loan¬-to-value: limitations are exceeded.
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