Prodigy Commercial Lenders is a US-based equity-centered commercial and residential investment lender with a network of real estate agents, brokers and mortgagers spread all over the country.
Prodigy Commercial Lenders are direct lenders capable of making quick loan assessments, unlike competitors that may take weeks. We make it possible for anyone with equity to access a loan facility regardless of how complicated the situation may seem. Anyone with a well-spread equity portfolio can secure a loan with Prodigy Commercial Lenders even if they have been previously turned by banks. We would really love to help.
Our rates vary based upon the kind of property owned (apartments, selling, land, godowns, special purpose, homes, commercial and offices). We also check your loan terms, carry out a risk assessment and financial standing of the borrower. Prodigy Commercial Lenders prefer long term loans with a very fast processing time of between 7-10 days upon appraisal and review unlike that offered by others restricted between 6-18 months.
Even though we review the borrowers’ income is one of the considerations, the core loaning decision is based on the equity owned. Our reliance on assets is a surety that you can achieve this. But, it is important to know that we will work closely with you regarding the payment. We enjoy loans that range between $80, 000 and $5, 000, 000. Our brokers and real estate brokers are dear to us and that is why we spend several thousand every month on referrals only.
Our Success Story
For over 40 years, Prodigy Commercial Lending has first-hand experience investing in business based and residential real estate financing. We are sure to offer you a loan facility able to sustain your purchases or cash out.
There are a lot of challenges faced by borrowers in getting approval at the financial market place today. That is why Prodigy Commercial Lending developed equity-based financing or asset-based loan financing based upon the client’s property and their credit worth. This, however, does not affect the loanee’s income to debt ratio. These loans have a quick processing time and are easily accessible. Approval time only takes about 10 days after appraisal.
Asset-based financed loans may be a good solution to immediate problems especially if you have been turned down elsewhere. That is why we can also help make short term loans from 1-3 years that use real estate as a warranty on whatever type of investments agreed upon.
Applicable Prodigy Commercial Lending’s interest rates depend on individual loan risk valuation. All other fees and rates and pegged on the valuation. Contact us for your financial services needs.
Be sure to give us a call Today at Prodigy Commercial Lending if the need of a fast and reliable equity financing service!We service the following zip codes and surrounding areas:
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