Best Commercial Real Estate Loan in Hollywood, FL
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Commercial Real Estate Loans
Commercial real estate loans are mortgages-backed by commercial property bonds as opposed to residential properties. Commercial Real Estate (CRE) applies to any income-producing real estate used for business uses, such as offices, shops, hotels, and homes.
Commercial and Industrial Loans
A commercial loan, sometimes commonly referred to as a corporate loan, a commercial and industrial loan, or a C&I loan is a significant business line for the banking industry and a key source of finance for the business sector. A commercial and industrial (C&I) loan is any loan granted to a corporation or institution, as opposed to an individual. Commercial and corporate loans either provide working resources or capital spending funds, such as equipment or services.
Multi-family loans
Multi-family loans are used by investors to finance multi-family properties of two to four units or commercial-residential properties of five or six units. These assets may include condos, properties, duplexes, apartment buildings, and portfolios of properties. There are, however, many options for multi-family loans that are available, and it is necessary to learn the best ways to invest in real estate.
Mixed-Use Loans
The Mixed-Use Loan is a specially arranged loan intended to help real estate investors and business owners to finance buildings that are used for a variety of purposes. Buildings eligible for this form of loan are often rated for different modes of service. Most banks are shy away from Mixed-Use and Limited Commercial Loans. At Commercial Real Estate Loan Pros of Fort Lauderdale in Hollywood, be mindful that we have a very favorable credit for certain loans.
Construction loans
A construction loan is a kind of value-added loan where the funds are used to finance some form of construction. The landlord or property buyer will take out a construction loan to finance the cost of the project before obtaining long-term funding. As construction loans are considered to be relatively risky, they usually have higher interest rates than traditional mortgage loans.
Private money loans
Private money lending, as the name implies, entails raising money from an individual lender. Real estate investors use private loans to cover investments that are simply not eligible for a regular loan or can’t wait for a typical 30-day period, or that a traditional mortgage loan needs approval. Our depth of experience and practice lets us comfortably fund loans in Fort Lauderdale that many people would never consider.
Hard Money Loans
A hard money loan is a specific type of asset-based loan in which the applicant receives actual property-backed funds. Hard money loans are mostly issued by private entities or companies. Hard money lenders are dependent on collateral to fund the debt and are less concerned with the ability to repay. If something goes wrong and you can’t repay it, hard money lenders are planning to get their money back by withdrawing the collateral and selling it.
Our financing mechanisms and contingent payment plans are tailored to meet specific requirements. Our focus is not just on the resolution of business points with the bank, but also on dealing with the whole community that serves your home. We recognize that new loans need to be arranged with lenders, managers, attorneys, accountants, insurance brokers, and other stakeholders to ensure that development operations are well-coordinated and work smoothly.
There’s no loan that’s too large or too small. Each term of business is important. We at Commercial Real Estate Loan Pros of Fort Lauderdale in Hollywood, function optimally at all times to give our clients the best support and peace of mind!
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: