Still Lending in Turbulent Times... How Can We Be of Service?

Well, it is not news that there is a lot of turmoil in many of the United States’ real estate markets today.  So, how is this affecting lenders? If you own property in some of the states and counties that have been hardest hit, it is likely that most lenders will have increased requirements and may not be interested in lending on your property at all until the market settles out. Many residential markets in California, Florida, Nevada and Arizona are on special lists that data companies are providing to lenders, and are being labeled as higher-risk markets due to their pricing volatility today.

While rates are at an all time low, not everyone is eligable or can qualify to take advantage of these goverment backed loan programs such as FHA, VA or even Conventional.   An alternative lending solution for borrowers to take advantange of this lucrative market is Private or Hard Money lending.  Many savey investors have turned to the private sector for their financing needs, taking advantage of the amazing real estate bargins, while waiting for conventional banks to settle into their new lending programs over the next 24 - 36 months.

Commercial and other income producing properties are still favored to residential properties, as they are easier to value and understand from an underwriting perspective. However, commercial lending has also just recently come under a lot of the same scruntiny that the residential market has faced, and many of these commercial borrowers are also looking to private alternatives for their lending needs.

As a broker who specializes in investor and commercial lending.  I can assist you with whatever obstacles you may be faced.  One of the best programs that we currently offer are equity driven loans for both residential and commercial funding.  E-mail or call us for the details of these alternative lending programs before you decide to give up or simply wait for the conventional credit markets to open again.

We look forward to a continued relationship with our existing borrowers and building  new relationships with those who have not yet funded!   Brokers are always welcome.