Avatar's Blog

» Watch the Prime Rate to Determine Loan Costs

Posted on 9/29/2005
Many hard money lenders tie their rates to the prime rate. With the prime rate rising over the past few weeks, rates for hard money have increase more than a 1%. Avatar Financial Group has lowered the cost of hard money from prime +7% to prime + 6% for the foreseeable future. This will help borrowers with their real estate collateralized loan needs.
Posted in Avatar's Loan Criteria