Prodigy Commercial Lending is an equity-based lender whereby we lend hard money which finances the development process of residential and commercial investment. Generally, while we are offering our services we work together with other legit groups like mortgage brokers, real estate agents, and borrowers among others in the United States. Typically, Prodigy Commercial Lending is a direct lender. If you come direct to Prodigy Commercial Lending we are able to make quick decisions regarding to your loan application unlike different parties that take long before making decisions on loan applications. Prodigy Commercial Lending believes that anyone can qualify for easy loans. We are also able to come up with safe decisions for the complicated regardless of the situation. Typically, borrowers with high equity, we come up with a way of making a loan for them. Prodigy Commercial Lending is ready to help the clients that have had their application turned down by banks.
We have interest rates towards loan application as influenced by the value of a property. Properties that are used as collateral include land, apartments, retail, warehouses, residential and commercial buildings among others. There are other inclusive factors that are considered during the loan approval processes such as risk assessment, the current financial condition of the borrower and the type of the loan. Prodigy Commercial Lending has loans that need to be paid from six to eighteen months. However, Prodigy Commercial Lending prefers writing long term loans that can be disbursed within seven to ten days after the appraisal has been received and accepted.
Generally, Prodigy Commercial Lending loans are mainly based on the equity of the property. There are other influential factors that are not considered as critical like the income earnings of the borrower. Prodigy Commercial Lending greatly relies on properties thus our clients should rest assured they can make it. We work closely with our clients even when scheduling payments terms. Our preferred loan amounts range from $80,000 to $5,000,000. We also work together with mortgage brokers and real estate agents where we have a certain commission for them depending on the number of referrals they make in a month. Prodigy Commercial Lending has a proven track record of success.
Prodigy Commercial Lending mainly specializes in residential as well as commercial investments. We have been delivering our outstanding services for forty years. This is a long period that has enabled us to gain great experience in the lending field. Thus, we have enough confidence that we can offer you a loan that will help accordingly depending on your current financial condition. Prodigy Commercial Lending offer loans that will help borrowers move forward towards their purchase or cash out. Prodigy Commercial Lending is ideal for your specific condition. Our clients are in a position to negotiate for the best rates possible and enjoying the current rates in the lending market.
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