The largest growing sector of lending in commercial lending. We at harddmoneyloans.com a direct hard money and private money lender in florida have seen 1000% in commercial and investor applications from loan officers in florida.
Commercail hard money programs are available for business owners who can’T qualify through their banks. Most commercial business owners are self employed and depreciate alot of income on their taxes. Banks have tightened their lending guindelines and are declining commerical loans at all time highs. Banks are sitting on huge commercial loans that were made in the mortgage /subprime era and they have taken huge losses. So we now fill a massive lending void for great borrowers with increible equity by providing a lending product that will help them get cashout to expand their business and grow.
We can give clients a great rate on their loan 10% to 10.50%, close in record time less then 14 days while most banks are taking up to 90 days to make a decision. We are considered one of floridas largest commercial hard money lenders offering great programs to loan officers, investors, mortgage brokers and commercial business owners. We will lend up to 65% of the value of the commercial business assuming, good cash flow, pride of ownership, risk level, and ability to repay the loan.
Our commercial loan program is a 15 year and 20 year loan program, We offer 65% loan to value on commercial purchases and refinances. Small balance loans under $300,000 will not require and appraisal. The client must submit 2 years of tax returns and 6 months of bank statements. Loan officers must be approved to send deals on this program since it has such huge demand. We will also enterain deals on the purchase side from realtors as well. We feel we can one of the best commercial lending programs in florida. We extend a welcome to other banks to refer those clients who are being turned down as well.
Types of commecial properties we like, florida apartment complexes, florida gas stations, florida strip centes, florida office buldings, nightclubs, wharehouses, hotels, motels, resorts, parking lots, small business owners, restaurants, car wash, churches, four plexes, marinas, special purpose properties, golf courses, retail, mixed use, multi family, industrial, we do it all florida commercial.
Please visit our lender site at http://www.harddmoneyloans.com to apply and get approved or email us directly for questions at ahlhardmoneylender@gmail.com
