Commercial Real Estate Loans from $75,000. HARD MONEY FIX & FLIP. WELCOME TO NAVESINK RIVER CAPITAL A private commercial lender. putting our customers first. Lending with integrity. Keeping it simple. This is the foundation on which our company is built. When you need fast, and reliable funding.
1 Factor rate is the financing cost divided by the loan amount – but that’s not how traditional interest rates work. For example, if you pay 30 cents for a one-year loan of one dollar, your factor rate is 30% but is equivalent to a 55% interest rate! Factor rates can make short-term loans appear less expensive than a traditional interest rate would.
Commercial International Loans International Commercial Lending Programs Direct Commercial Funding is a Private Money Lender that have the best private funding interest rates for our client’s International Mortgage Financing opportunities.
Such loans are also called "no-doc loans", "private hard money loans", "bridge loans", etc. For a commercial hard money loan, the lending decision is based on the "commercial asset" (Property) as opposed to relying heavily on a borrowers credit, financials, etc. The loan is secured by a first mortgage.
The cost of our private business loans depends on the factor rate and length of time you receive the loan. An example of a typical private loan package would be.
The National Private Lender Expo is a networking event where private lenders, private investors, hedge fund professionals, distressed debt investment professionals from across the nation assemble and meet face-to-face in the exhibitor hall with major players in the commercial.
Most private loans are short-term. You must show the property’s income potential and also create a realistic exit strategy. The real estate one seeks financing for acts as the loan’s collateral, and depending on the loan-to-value ratio, borrowers may need to cross-collateralize to obtain their full requested financing.
Not every home buyer can afford a down payment of 20 percent or more. That makes mortgage lenders nervous, which is why many require borrowers to pay for costly private mortgage insurance (PMI)..
California Private Lenders is the leading financial firm providing lending solutions for all sorts of properties. The equity based private money lenders in Los Angeles serving various areas, including: – California, Ventura county, san diego county and san bernardino county. You will also be provided with fast financing solutions for borrowers.