Proven Success Stories At Prodigy Commercial Lending
Prodigy Commercial Lending is basically a direct lending firm offering hard money loans. This is true in both commercial and residential investment loans. Our ideal partners across the United States are real estate agents, brokers, and borrowers.
At Prodigy Commercial Lending we offer quick loan decisions, unlike other money lenders. Most of our commitments are primarily centered on complicated loans with the reason as anyone can do cheap loans. Also, we do not turn down clients with a lot of equity. We always find a way to make a loan for them.
All our properties have different rates. Some of the investments are apartments, retails, land, warehouses, residential, commercial, office buildings, and any other special purpose. Other important considerations may include terms of the loan, risk assessment, and the financial condition of the person borrowing. Actually we prefer to give longer loans as we are able to fund them within 7 to 10 days after the appraisal has been received and reviewed.
At Prodigy Commercial Lending every loan is based on the value of the property. However, we do review the income. This is not always the case. Our works are based on assets only and prefer loans ranging from $ 80,000 to even $ 5,000,000. We respect all our partners and we will for sure payout a couple of thousand to our brokers on a monthly basis for referral fees alone as well as our real estate agents.
PROVEN SUCCESS AT PRODIGY COMMERCIAL LENDING
Commercial Loans
Prodigy Commercial Lending has for a long time been in the commercials and residential real estate. This is well over 40 years across the United States. We are confident of our loan offer as you move forward with your cash out.
CONSULTANTS AT PRODIGY COMMERCIAL LENDING
Equity-Based Financing Options
Prodigy Commercial Lending is your sure answer. Many borrowers have issues in getting approval for their financing. This is the essence of equity financing or hard money loans. The loans are based upon the value that is within your home or property with respect to the true value of the borrower. This does not affect the debt to income ratio for you as the borrower as the loans are fast approved and easy to deliver. The loans take around 10 days for them to be given after appraisal has been done.
Prodigy Commercial Lending is very ideal where a client has been declined a loan request. For us as Prodigy Commercial Lending, we can help you make short term loans that will last up to three years. Collateral loans used for these loans are usually real estate equity in both commercial and residential properties. Interest rates and lender fees depend on risk evaluation. Other factors are dependent on risk evaluation for each individual loan.
Reach us at Prodigy Commercial Lending today.
We service the following zip codes and surrounding areas:View a map of our services areas