What Are They Thinking?
What Are They Thinking? Recent Questions From People Wanting a Commercial Loan 10. “If you make me a loan can I sell it?…
New Lower Rate Good for 45 Days
While interest rates have gone through the roof, WE DECREASED OUR RATE to 9.75% on Hard Money commercial property loans! This rate…
The Abandoned Mall Epidemic – Solution
Drive through any decent-sized city or town, and you’re bound to come across those large shopping centers built about 30 – 50 years ago…
What are hard money lenders looking for?
There are general requirements for hard money loans, but they are not set in stone like traditional bank loans are. PMF Partners…
HOW MANY MORTGAGE BROKERS DOES IT TAKE TO FINANCE A LOAN?
First, let me state two important disclosures. We are private, hard money commercial mortgage direct lenders, and 90% of our loans originate…
Can a Mortgage Broker Help a Borrower Who’s Upside Down in His Property, AND Still Earn a Success Fee?
Loan request situations where the borrower owes more than the maximum available LTV for his situation and type of property can actually…
Difference between APY and APR
As hard money lenders, we are often asked, “What is the difference between APY and APR.” Both are used to calculate interest…
Are You Dealing with a Broker Disguised as a Direct Lender?
In the hard/private lending business, as in the mortgage business as a whole, there are brokers, there are lenders, and there are…
Conduit/CMBS Loans
Conduit loans are commercial mortgages that are pooled together and sold to investors on a secondary market. Because these loans are securitized, they…
Traditional Commercial Mortgage
Most banks and other lenders provide commercial real estate loans for a variety of properties, including office buildings, industrial buildings, multi- family units and…