Competitive Commercial Lending Agency, Mortgage Broker & Private Lenders In Kingwood, TX

PRODIGY COMMERCIAL LENDING, YOUR ASSET PARTNER!

We are an equity-based lender granting hard money to both residential and commercial loans; working with qualified real estate agents, borrowers, and brokers across the United States of America.

Being direct lenders, making quick and prompt decisions on loans is possible, unlike others who may require a period of up to several weeks to make a decision. Anybody can swiftly handle easy loans; however, we prefer processing the decisions on more complicated loans despite their complicated nature. This is the case so as to facilitate the helping of customers who had been turned down by banks. Provided a customer has some form of equity, we can find means to make the loan work so as to promote the growth and prosperity of our customers. 

Charging of rates by our institution varies depending on the specific type of property( commercial and office buildings, apartments,  warehouses, land, special purpose, and residential units). Several other factors determine our rates charges including the risk assessment, the term of the loan, and the borrower’s financial condition. Whereas other hard money lenders may give six to eighteen- month loans, we prefer to do longer loans that we can fund within 7 to 10 days of receiving and reviewing the appraisal. 

Our loans are based on the equity of the property. Though income will also be reviewed, it is not a serious factor. As long as you have assets, which we base our loans on, we want it to be known you can do this since we will closely work with you regarding your payments. We handle loans ranging from $80,000 to as high as $5,000,000. Since our brokers bring us the bulk of our clients, we pay out several thousand monthly for referral fees alone to both our brokers and real estate agents.

PROVEN SUCCESS

Commercial Loans

At Prodigy Commercial Lending, our investments over the past 40 years have included both commercial and residential real estate. With vast years of hands-on experience in real estate financing, we are positive that we can work out a loan that will help you progress with your purchase or cash out.

CONSULTANTS

Equity Financing May Be The Answer

Lots of borrowers in the market today have problems getting approved for financing. It is for this reason that we have what is referred to as equity financing or hard money loans. These are loans based upon the equity that’s within your home or property in line with the borrower’s credit-worthiness, which does not affect the debt to income ratio for the borrower. Being that these loans are easy to procure and to get approved, they are quickly funded and it only takes about 10 days for them to be given after appraisal.

Despite being turned down elsewhere, hard money loans may help solve the immediate problem. We can assist you to make short-term loans that may last from one to three years. Real estate equity is used as collateral for both commercial and residential investments. Risk evaluation for every individual loan will determine the interest rates and lender fees. Interest rates, lender fees, and other fees will wholly be dependent on the risk valuation for each individual loan. Give us a call at Prodigy Commercial Lending today for fast cash out needs.  

We service the following zip codes and surrounding areas:
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