We begin by analyzing your situation relative to the subject property needing the financing. From there we will request certain documentation to build a strategic plan to achieve the financing necessary along with an exit strategy. Final steps are facilitating the Commitment lenders and ensuring the funding closes in a timely fashion with the lawyers representing the lender & borrower.
This is dependent on your ability to provide all the necessary documentation. We can typically provide a high-level quote and Commitment within 24 hours.
As a private loan is more expensive than traditional banks or institutions, it is best in situations when more flexible guidelines or lending rules are needed, such as:
- Fast Purchase Required
- Interim Short- Term Loan
- Poor Credit
- Renovation/ Construction Loans >>
- Single-family residential,
- Multi-family residential,
- Commercial & Retail
- Vacant land/lots