Best Commercial Real Estate Loan in Hillsboro Beach, FL
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Commercial Real Estate Loans
A commercial real estate loan, as opposed to a residential real estate loan, is a mortgage-backed bond on commercial land. Commercial Real Estate (CRE) is any income-producing real estate used for commercial purposes, such as offices, stores, hotels, and homes.
Commercial and Industrial Loans
A commercial loan, also known as a corporate loan, a commercial and industrial loan, or a C&I loan, is a major line of operation for banks and a key source of corporate finance. A commercial and industrial (C&I) loan is a loan granted to a corporation or institution rather than to an individual. Working capital is provided by commercial and industrial loans as well as capital expenditures such as for machinery and equipment.
Multi-family loans
Investors use multi-family loans to finance multi-family assets of two to four units or commercial-residential properties of five or more units. Condos, townhouses, duplexes, apartment buildings, and land portfolios are examples of these assets. However, there are a number of open-ended multi-family loan options and it is important to understand the best investment strategy for real estate.
Mixed-Use Loans
A mixed-use loan is a special type of loan designed to help real estate developers and business owners finance buildings that are used for a variety of purposes. Buildings applying for these loans are also subject to various means of usage. Mixed-Use and Limited Commercial Lending are two areas that several banks are wary of. We have a lot of investors for such loans at Commercial Real Estate Loan Pros of Fort Lauderdale in Hillsboro Beach.
Construction loans
A construction loan is a type of value-added loan in which the funds are used to finance construction. Until obtaining long-term financing, the builder or house purchaser will take out a construction loan to cover the project’s expenses. Construction loans have higher interest rates than traditional home loans and are considered to be riskier.
Private money loans
Borrowing capital from an individual lender is referred to as private loan money. Private loans are used by real estate developers to fund deals as they may not qualify for a standard loan or are unable to wait 30 days or so for a typical mortgage loan to be approved. Thanks to our immense skills and experience, we can comfortably fund loans in Fort Lauderdale that many people can never do.
Hard Money Loans
A hard money loan is a type of asset-based loan in which the borrower receives money that is backed by real property. Private investors and companies are the most common suppliers of hard money loans. Hard money lenders are more worried about the collateral used to finance the debt than about the ability to repay it. If something goes wrong and you can’t get the money back, hard money lenders will take the equity and sell it to make up their losses.
Our flexible payment rates and loan programs are tailored to your specific needs. Not only do we talk to the banks and investors about business conditions, but we also deal with the whole community that represents your building. Commercial Real Estate Loan Pros of Fort Lauderdale in Hillsboro Beach recognizes that new loans must be arranged with building owners, administrators, attorneys, accountants, insurance brokers, and other creditors in order to run smoothly.
There are so many areas or regions where we offer these services with most of them being cities.
However, if you need any of these services, you need to contact us. The list below comprises the areas where we offer these services.
We service all counties and cities throughout South Florida. However, if you need any of these services in other cities throughout the state of Florida, please contact us. See what services we offer below: