max interest allowed with a broker involved?
Posted: Thu Jan 14, 2016 4:31 pm
No limit. I have seen 30%.
Sent from my Stella Havkin's IPhone
> On Jan 14, 2016, at 4:26 PM, easky1@yahoo.com [cdcbaa] wrote:
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> does anyone know if there is a limit regarding interest charged when a broker was involved in a Real estate loan. I just was handed a note that stats the interest rate rises .5 percent each month loan is delinquent, with no cap. Loan ballooned in 2012, so lender is now demanding over 30 percent.>
> Any known limit?
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