Unavoidable Facts You Have To Keep in Mind about Us
Prodigy Commercial Lending is an equity-based money lender where clients can get funded to invest both in the commercial sector and residential. In addition, we work one on one with brokers, real estate agents as well as borrowers in the entire United States.
Since we are direct lenders, we have the ability to make decisions quickly compared to others who can take several weeks to do the same. The most appealing thing is that any person can do these loans. We prefer making decisions on complicated loan types not minding the complexity. In case you have lots of equity, we can find a reliable way to get the loan. We love sorting out clients who have been turned down by banks as well as some other financial lending institutions.
Normally, the rates vary depending on certain property types (apartments, retail, lands, warehouses, residential, commercial, office building as well as special purposes. Hard money lenders can give up to about six to eighteen months but we prefer to do longer types of loans which we can fund in about seven days after getting your appraisal.
Normally, our loans are based on property equity but we still go ahead and review your income though it is not that vital consideration. You are recommended to note that we are based on assets and want you to note that you can do this. Depending on your payments, we will work one on one with you. We provide loans ranging from about $80,000 to $5,000,000. We also have brokers and real estate agents who we love so much and actually pay several thousand for the referral.
In our firm, we have been investing in both the commercial and residential sectors for more than 40 years. This is a long period of time which proves that we have a long term experience that actually makes us very confident in providing you with the best loans to assist you to make progress with your cash out or purchase.
Equity Financing Can Be a Great Answer
The majority of borrowers are having problems when getting approved in the current market nowadays. Because of this, we came up with Equity funding or hard money loans. Such kind of loans is based upon equity within your home or property depending on your creditworthiness. The most appealing thing is that your debt to income ratio is never affected.
Additionally, Equity loans are approved without any delays and are easy to procure. Furthermore, they are funded within a very short period of about ten days after submitting your appraisal.
In case you are in need of fast cash, you are recommended to contact Prodigy Commercial Lending Immediately.We service the following zip codes and surrounding areas:
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