Call the Top Private Money Broker to Get Residential and Commercial Real Estate Loans Quickly

There are people and organizations that require money on an urgent basis. While the traditional lending process takes time to finally lend you the money you require, private money broker ensures you get the required amount quickly. A hard money loan is a specific type of asset based financing where the borrower needs to keep real property to get the loan. The main benefit of this type of loan is that you get the loan in short duration of time.

Sequoia Mortgage Capital was formed to offer quick, flexible mortgage solutions with less paperwork than conventional lenders. The company serves the financing needs of residential and commercial real estate owners and investors and matches needs of the borrowers with the capital of the investors who make wise investment decisions on their behalf.

Even if banks and other traditional lending institutions have denied you loan, don’t worry, as Sequoia Mortgage Capital will offer you quality loans! The team will take care of all regulatory paper work, loan processing, underwriting, securities compliance and necessary reporting to guarantee you loan as quickly as possible. In many cases, a borrower may need a fast closing or has unusual requirements to meet; Sequoia has the expertise to close your loan fast.

One of the main problems most the borrowers face is high interest rates on short duration loans. In such a situation, calling the leading hard money broker, Sequoia can be of great help. Sequoia Mortgage Capital offers most competitive rates starting at just 7.99% and 2 points with flexible underwriting. They have a team that can manage transaction from start to finish. Besides, loans are funded quickly with no surprises at closing.

Residential Loans

Most private money residential borrowers look for short-term loans via an easy process. Sequoia offers streamlined underwriting process. If the borrower has equity and a plan that makes sense, you may approach Sequoia Mortgage Capital. Key benefits of taking residential loans from Sequoia are quick and efficient closing, competitive rates, non-FICO driven approval process, etc. They offer loan of up to $3,000,000+ and the loan to value is up to 65%. No prepayment penalty is required and loan terms can be up to 10 years. Sequoia considers all types of residential properties and all types of borrowers, including individuals, LLC’s, partnerships, corporations, etc.

Commercial Loans

You can call Sequoia when time is vulnerable or your transaction does not fit traditional lending guidelines. The reasons why you will contact Sequoia Mortgage Capital are flexible underwriting, competitive pricing starting at 8.99% and 2 points; fast loan closure, and non-FICO driven underwriting.

Borrowers will get loan of up to $3,000,000 and more. The loan to value is typically of up to 50%. Debt service coverage ratio is less than 1.0. Furthermore, there are no prepayment penalty options available. You can take loan for up to 10 years.

Starting from individuals, LLC’s to partnerships, corporations, trusts, foreign nationals, and more can apply for commercial hard money loan from this leading private money broker Sequoia. Types of properties considered include multi-family, office, retail, industrial, mixed-use, mini-storage, etc.

Author Bio: This article is written by Mr. Freskos on behalf of www.sequoiamortgage.com/. This website belongs to topics like Private Money Broker, hard money broker, funding loans and many more.