Willing to get commercial hard money loan at low interest rates? Call Sequoia today!

Many a times, businesses need to borrow money from various lending institutions to realize their dream of owning or constructing a commercial property. Whether you are looking for multi-family, office, retail, industrial, mixed-use, mini-storage, or something different, you need finance to make your dream become a reality. However, often business owners face the difficulty of getting money since the traditional lending institutions such as banks, etc. deny commercial loan on the pretext your transaction does not fit the traditional lending guidelines. Commercial property buyers seem to get frustrated unable to borrow money and feel sad. In such a situation, it is possible to get Hard Money Broker from Sequoia Mortgage Capital!

Sequoia Mortgage Capital specializes in commercial and residential real estate. The team has a single focus: to fund quality loans even if banks and other lenders have previously turned you down. When your borrower and/or their property do not meet conventional underwriting guidelines, Sequoia Mortgage Capital can be the solution. Whether your borrower needs a fast closing or has unusual requirements, they have the expertise to close your loan fast and in an easy manner.

One of the best things about Sequoia is that they offer commercial hard money loan at competitive rates starting at just 7.99% and 2 points with flexible underwriting. All the more nice is the team’s effort to help you in decision making and managing the transaction from start to finish. It is possible to get loan sanctioned quickly with no surprises at closing.

What you need to do is just enter their website, submit a loan scenario, and fill out the Request a Quote form to get a response within one business day.

Key benefits of taking a loan from Sequoia Mortgage Capital are:

• Flexible underwriting
• Competitive pricing starting at 8.99% and 2 points
• Closure quickly without surprises
• Non-FICO driven

Potential commercial real estate owners can ask for a loan amounting to up to $3,000,000+. The loan to value is up to 50% is typical, while the debt service coverage ratio is less than 1.0 allowed. Interest rates start at 8.99% and no prepayment penalty options are also available. People are free to repay their loan for a period of up to 10 years without facing any penalty.

Sequoia considers all types of properties, including multi-family, office, retail, industrial, mixed-use, mini-storage, etc., cross-collateralize multiple properties to maximize loan amounts, and land and single-use properties considered with additional collateral for find approval.

You can request for a loan for any purpose starting from borrowing against properties listed for sale to immediate acquisition of discounted properties, restructure debt, settlements, divorce or to buy out partners, and more.

It is very important to note that Sequoia does not rely on credit lines from the secondary market. They take creative approaches to each loan request and require no seasoning and no cash-out limitations.

Hard Money Broker is not easy to get particularly if you don’t meet the traditional lending institution’s guidelines. Sequoia Mortgage Capital seems the only solution to get loans in an easy and fast manner.

Author Bio: This article is written by Sequoia Mortgage on behalf of www.sequoiamortgage.com/. This website belongs to topics like Hard Money Broker, funding loans and many more.