Prodigy Commercial Lending is an equity-based lender in the United States, lending hard money for both commercial and residential investment loans. We also work with different real estate agents, brokers, and borrowers across the state.
Prodigy Commercial Lending makes the quickest decisions on loans as direct lenders. We believe that since we provide easy loans, anyone can do it. We also prefer making decisions on more complicated loans, making it easier for you. If you got more equity, Prodigy Commercial Lending would find the best loan solutions for your investments regardless of having been turned down by banks.
Although our rates will vary depending on various factors, we mainly focus on the particular type of property (the apartments, retail, land, warehouses, special purpose, residential, commercial, and office buildings), the terms of the loan, the assessment of the risks, and the financial condition of the borrower.
In most commercial lending services, most hard money lenders may give only six to eighteen-month loans; However, Prodigy Commercial Lending prefers to give longer loans. Most importantly, we can fund these loans within only 7 to 10 days after we have received and reviewed your appraisal.
Although we may do income review, it is not our rock-solid factor as we majorly base our loans on the equity of your property. More so, Prodigy Commercial Lending prefers assets at most, so we are sure you will make it. Furthermore, we will be glad to work closely with you on your payments. Our loans range typically from $80,000 to as high as $5,000,000. Every month, we pay some thousands for referral fees alone to our brokers and real estate agents because we love them.
The Proven Success of Our Commercial Loans
At Prodigy Commercial Lending, we’ve capitalized on commercial and residential real estate for over 40 years. These years have resulted in many years of practical expertise in the field of real estate financing. We are, therefore, much confident that our loan will benefit you most in your purchases or cash out.
Equity Financing May Be the Answer
Most of us have had a lot of challenges getting financial assistance in this current economy. Nevertheless, Prodigy Commercial Lending offers equity financing or simply hard money loans. These loans depend more on the equity of the property than on the credit score of the borrower. Moreover, hard money loans never affect your debt-to-income ratio. They are also approved faster and are easy to obtain. Equity financing is also funded quickly, typically taking about ten days only after their assessment and evaluation.
Hard money loans may solve your immediate or urgent constraints, and Prodigy Commercial Lending can help you to make quick loans even if you are denied elsewhere. For both commercial and residential investments, we use real estate equity as collateral. Our lender fees, interest rates, and other fees rely entirely on the risk evaluation for each loan.
If you need quick cash, call Prodigy Commercial Lending now!
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