First Commercial Capital Funding offers the following options:
WALL STREET LOANS: Loans from 100,000 to 50,000,000. It is a conforming loan. ( also referred to as vanilla) Interest rates are low and terms are attractive
PRIVATE MONEY: Private financing is used on a multitude of levels:
1) Speed- In using private lenders, most of the due dillegence is done by the private lender. Appraisals and third party reports are seldom needed, thus cutting the closing time frame from months to days.
2) Short Pre-paynment penalty- In most cases, borrowing from a private lender is for a short period of time. Private lenders will seldom charge a pre- payment penalty longer then 6 months; benefiting you should you choose to payoff your private loan with conventional financing.
3) Bail Out- Sometimes in Life, people fall into hard times. If you have high credit card interest rates with maxium debt, a foreclousure situation, possibile bankruptcy, or just need FAST CASH, private money can help you get back on your feet
HARD MONEY: Hard Money is used for many different reasons. Hard Money is short term, high interest quick cash. Hard Money is creative financing that doesn't meet other lender's requirements. It is used to turn a bad situation into an eventual good one.
ELIGIBLE PROPERTIES FOR ALL PROGRAMS include but ARE NOT limited to: Multi Family, Mixed Use, Hotels, Motels, Office Condos, Strip Malls, Funeral Homes, Auto Body Shops, Mobile home parks, Raw Land, Self Storage, Retail Buildings. There more difficult the property, the harder we work to make sure you get what you need!
Don't see what you are looking for? Give us a call toda and one of our professionals will be happy to help you! (877) 849-9947