Prodigy Commercial Lending offers the best loans based on property evaluation. Partnering with brokers, real estate agents and borrowers distributed across the United States, we offer the best commercial and residential loans to customers.
Other financial institutions take a long time to deliberate on whether to lend you money, yet the loan may be declined. With us, the waiting period is not long because we directly lend you the money. Complicated loans do not scare us. In fact, they are our forte. A lot of assets will not prevent us from giving the loan. Our hearts fill with gladness assisting people that other lending institutions have turned away.
The interest rates or lending rates will be based on whether properties are residential, apartments, retail, land, warehouses, special purposes, commercial or office buildings. Other key considerations will be the terms and conditions of the loan, assessment risk, and whether the person requiring the loan is in a position to repay it. While others may offer six to eighteen months loans, we lean towards longer loans that can be processed within seven to ten days after getting and inspecting the appraisal. A very short span of time!
The market evaluation of the property will determine the loan amount. The higher the value the more the loan amount and vice versa. Earnings are not a major deciding factor but they may be evaluated. The major focus is on property. Cooperating with clients is our focus that is why we will give you support during the loan settlement period. We lend money at a minimum of $80,000 and a maximum of $5,000,000. Our brokers are treasured because they are a valuable part of the business. They are paid thousands on a monthly basis for the referral fees only.
We have been offering loans for commercial and residential estates a period exceeding forty years. Therefore, we have gained competence in giving property financing. We believe in the expert ability to lend money geared towards your purchase or cash out.
Equity financing may be the answer
Are you tired of your loan requests being turned down at every turn? Tire no more. Our equity credit line or hard money loans got you covered. The value of your property is what determines the amount of loan you’ll be offered. Your monthly gross income stays intact. It won’t be touched because security is a property, not a salary.
Getting rejected by other financial institutions is not final since prodigy exists. Our loans provide the perfect remedy for your instantaneous challenges. We can even assist you to borrow short term money for a period of 1-3 years. Your residential or commercial properties are used as security against the loan. The borrowing rate will be determined by the evaluation of the risks involved in each specific loan. We are the best partners to work with. Pick up the phone, reach out to Prodigy Commercial Lending and say goodbye to money worries.
If you need cash out make a point of contacting us.We service the following zip codes and surrounding areas:
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