We thrive for a Win Win deal between borrower and lender. We solve problems not make them. If there is a way to make a loan, we will find it.
We are more expensive than a commercial bank, but we move substantially faster and are often more affordable than the hard money Wall Street Lenders.
We have general guidelines not rigid rules. We listen to your needs, review your request and structure a loan ideally suited to meet the borrowers needs.
Because we rarely need appraisals or other outside due diligence reports, we can move quickly and fund in days.
Unlike most lenders with a minimum loan amount of $ 1 million or more, we do not have a minimum loan amount. We have closed loans as low as $100,000.
We have more than 30 years of hands on experience in real estate as owners, managers, builders and lenders. We Know Real Estate!
It depends on the loan program. Our in-house Bridge Loan can close in 3 to 7 days for properties in the New York City Area. Other locations or loan amounts over $ 1 million may take longer.
We will consider 100% or higher financing only if the deal or project is a bone fide family sale or you pledge additional collateral such as another building you own.