Problem: Your existing mortgage has an expensive prepayment penalty. Refinancing your existing mortgage could take months, or you’ve invested in commercial real estate syndication.
Solution:
We provide subordinated debt to commercial real estate investors that are asset rich but temporarily cash-poor.
This loan program allows you to quickly unlock your trapped equity to keep growing your portfolio and take advantage of new real estate opportunities!
Multifamily owners are taking advantage of our unique cash-out equity commercial loan program!
With the Federal Reserve raising interest rates numerous times, interest rates have skyrocketed, but thousands of borrowers still have a fixed rate of 3%-4%.
Even if their property is low-leveraged, it's cost prohibitive to refinance.
So, what do they do if they need equity capital liquidity? They come to us for a 2nd mortgage and keep their fixed low-interest rate, save money on no appraisal requirement, and get the cash out they need!
You can pull cash out of your commercial property without refinancing your senior loan.
Keep your fixed low-interest rate while freeing up your equity capital! A great win for our borrowers!
Terms and Benefits of our Cash-Out Equity Loan Program:
*No appraisals are needed, ever!
*We can normally close these loans in as little as 1-2 weeks.
We’re seeing a huge national demand right now! We are closing a lot of these commercial real estate cash-out loans, and multifamily owners have expressed their amazement and satisfaction that we do not require an appraisal and can close quickly!
If you know owners of apartments, offices, and multifamily commercial properties that require cash out of their properties, please let them know this program is available!
Documents Required to Start Process:
Due diligence checklist below:
We are focused on stabilized and income-producing commercial real estate.
๐ฐ Loans from $500K to $5 Million
๐ Closings in 2 weeks (no appraisal required, ever)
๐ LTVs up to 75%
๐Lending Nationwide
33 Wood Ave S, Iselin, NJ 08830, United States of America
732-596-1188