I understand time value of money, which is why I offer my borrowers a two day streamlined approval process. As a hard money lender Maine, once the loan is approved, I issue a commitment and can close in as little as 7 days. Post-closing, I can fund construction advances in 48hrs, which keeps your project running on schedule.
As a Lender, I offer competitive rate and terms for experienced real estate investors, and my program is ideal for borrowers who come to me through a broker. Offering 18 month terms at no additional cost, and interest rates as low as 10% and 2 points. I charge 1 point at closing, and 1 point on repayment of the loan (payoff letter).