We are hard money lenders based on your property’s Equity. Usually, we lend hard money for residential and commercial investments whereby we work with agents and brokers all over the States.
Because we are direct money we lenders, nothing hinders us from making fast decisions compared to some other lenders who can even take weeks to do the same. The most amazing things are that anyone can do such loans and we prefer to make more complicated decisions. If you have lots of equity, we can have a look at how to help you get a reliable loan. We are ever proud to serve customers who have been turned down.
You will get rates depending on your property type (retail, apartments, land, warehouses, special purpose as well as risk assessments. Most hard money lenders can provide about six to eighteen months loans but in Prodigy lending, we prefer giving longer loans which we can fund within seven days after getting your appraisal and reviewing it.
We normally base our loans on your property’s equity value. In addition, we make sure that we review your income though it is not a serious factor to consider. Prodigy Commercial Lending is based on assets and wants you to be confident that you can do this. We prefer loans that start from $80,000 to about $5,000,000. We cherish our brokers and ready to pay out several thousand as a referral fee.
In more than four decades, we have invested in both commercial and residential real estate. Because of many years of experience, we are confident that we can provide you with the best loan which helps you move forward with your purchase as well as cash out.
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Many borrowers are having trouble getting approved for loans in the current market. Because of this, we created Equity Financing or Hard Money Loans which are based on your home equity value as well as your creditworthiness. The best thing is that your debt to income ratio is not affected. In addition, hard money loans are easily procured and approved thus you can receive the amount in about ten days after submitting your appraisal.
Hard Money loans may assist you to solve immediate problems despite the fact that you are were previously turned down elsewhere. Also, such loans use real estate equity as security for both commercial and residential investments. Lender fees, interest rates as well as other fees are dependent on the evaluation of risks of each individual loan. In case you are desperate for a hard money loan, you are recommended to give us a call today.We service the following zip codes and surrounding areas:
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