Currently we have sources of funding for a variety of commercial loans, including small balance mixed use, small balance commercial, and short term(12-18 month) hard money commercial financing.  Typically our hard money programs range from a 60%-70% Loan To Value, although there are programs we can offer up to 75% if the property is income producing and fully debt services.  Our loan amounts range from 500k to 50 million, depending on the property and program.

The main benefit of such short term financing is getting a closing done in as little as 10 days, getting the money you need, and setting one up for success when they get long term financing in the future.  For more information about property types, please see my contact information.

Michael Byrne

www.mortgageprosforum.com

 

Michael Byrne

Mortgage Specialist

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General mortgage industry notes and musings. Occasional humor, but usually simply a failing attempt at humor.
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