Are you a commercial real estate developer or rehabber? Are you looking for finances for the purchase and rehab of your next commercial real estate project? At MorgageDepot we offer short-term, real estate backed commercial loans designed with investors like you in mind.
We offer real estate backed loans to help with new commercial construction and commercial rehab projects. We can provide direct loans, bridge loans or even lines of credit. Our commercial loan programs are backed by your existing real estate investments, which allow you to leverage your existing assets in order to help finance your future success.
Our commercial loan program is intended for non-owner occupied properties and is best suited for properties that are intended to be tenant occupied. There are no middlemen. We partner directly with our clients, who are professionals in commercial real estate construction and the buying and rehabbing of non-owner occupied properties. We can help finance the purchase and rehabilitation of apartment complexes, office complexes, mixed-use properties, warehouse buildings and retail properties. And for collateral on our commercial loans, we accept any type of non-owner occupied residential property as well as commercial properties and mixed-use properties.
We can help you acquire the finances for the acquisition and rehabilitation of commercial properties nationwide. Our program offers short-term, 18-month loans starting at $100K all the way up to $2.5 Million. We can finance these real estate backed loans with a loan-to-value as much as 70% of the property’s purchase price, and as high as 50% in a cash-out refinance deal. Our origination fee is negotiable and we can close transactions in as little as 10 business days.
*This product is not regulated by the New York State Department of Financial Services