Why You Should Choose Prodigy Commercial Lending
Are you a property investor and you need your houses flipped or a company owner and you are in need of commercial real estate loans with low-interest rates? We at Prodigy Commercial Lending, we offer loans against properties. We are currently working with real estate agents, borrowers, and even brokers across the United States. We lend hard money for both commercial and residential investment loans.
Our loans are quickly processed and often approved in as little as two weeks. We have more moderate financial qualifications than banks, therefore we consider people with low credit scores who often face rejection from other lenders.
We have different lending rates depending on the borrower’s financial conditions. Some of the loan rates factors that we consider are the type of property or structure that may be acknowledged as an income stream.
The types of properties that we consider are Apartment Buildings e.g. townhouses and condominiums, office Buildings especially those in urban areas, retail Structures e.g. shops or regional malls, Warehouses and Industrial buildings, hotel, and resort and land development
Risk assessment and loan terms might also be considered when setting your loan rates as well as lender’s fee. When your appraisal is received and reviewed, we will process your equity loan in less than two weeks.
Usually, the loan amount is decided by the equity of the property. At Prodigy Commercial Lending, we do not neglect our brokers and real estate agents; we pay them on a monthly basis for every referral they send us. We also provide a safe environment for our borrowers so that they can pay their loans at ease.
Why We Are Successful Commercial Loan Lenders
We have been in the market for over 40 years now; therefore we understand the market very well. We provide you the best loan to help you get the best property. Unlike other loan lenders who may need your financial status, income, or credit score details, Prodigy Commercial Lenders only require you to have a property to stand as collateral.
We will help you solve your financial emergencies by offering you quick loans against properties. At Prodigy Commercial Lending, our short term loans are repaid in a period of one to three years and a predetermined payment schedule where the borrower makes payment on a monthly basis.
Conclusion
Our brokers greatly facilitate the lending process and usually come up with creative and unique ways to overcome obstacles that you may not be able to access on your own. At Prodigy Commercial lending we take the stress away from you and do all the heavy lifting. Please reach us today at Prodigy Commercial Lending, if you need a fast and reliable equity financing service.
We service the following zip codes and surrounding areas:View a map of our services areas