We are looking for quality properties and Sponsors, Owner user, investor sponsors or corporate entities that need a mortgage solution for acquisition, rate and term commercial refinance or cash out. Most Multifamily properties such as Apartment complexes, Senior housing, Assisted living facilities and Student housing mortgages are considered on a Nationwide basis.
We offer a variety of solutions for multifamily financing including stated income loans and bridge financing for multifamily apartment housing communities. In addition, we have low fixed & ARM multifamily rates for permanent portfolio financing such as Fannie Mae, Freddie Mac, HUD, FHA agency financing for properties located in average to above-average locations Nationwide.
Over 30 years of experience allows us to underwrite IN HOUSE and offer stated income loans for commercial properties in most of the United States. In addition, we offer several programs in conjunction with our capital partners, (regional – national banks, credit unions, true portfolio lenders, and a few life insurance companies) for low fixed & ARM commercial mortgage rates or more permanent financing.
Know About Direct Money Lenders
Direct Money Lenders originates, underwrites and sells commercial mortgage loans to home builders, commercial developers and commercial property owners Nationwide. From new acquisition, commercial refinance, cash out, or placing permanent commercial mortgages Direct Money Lenders can be relied upon.
Borrower s with a combination of good net worth, equity locked in to subject or other properties, good economic market conditions, and with a proven track record or experience professional team behind the sponsor is very important today when deciding if the commercial refinance will make since.
We perform our own due diligence much faster than a bank, frequently granting conditional loan approvals within a few days. Closings typically occur within 30 days. Since no two loans are the same, Direct Money Lenders prices its commercial refinance loans specifically to each transaction. Prices are quoted only after a loan has been thoroughly evaluated and researched.
Direct Money Lenders provides financing for commercial projects such as: Retail, Office, Mixed Use, Light Industrial, Self Storage Facilities, Assisted Living Facilities, Mobile Home Parks, Multifamily apartments, SFR’s(1-4unit), Bank work outs.
Our private direct lending firm working with borrowers and capital partners on a National footprint for over 15 years. Direct Money Lenders Inc. understands the challenges and opportunities our clients face. More than ever today’s borrowers live in a constantly changing market environment where timing is critical and execution is a must. Delays in commitments and closing are deal killers.
When comparing approvals, take a calculator and actually calculate the payment on the different approvals. Don’t just look at the rate. Look at the cash flow and profitability and then compare these to your goal for the investment. Also ask your commercial mortgage professional about unique loan programs like a non-recourse loan. This is a popular product and most local banks do not offer this product. You will be surprised at what you find when you just crunch the numbers and get good advice.
We are here to serve you and look forward to answering any questions, you the borrower, broker, or other professional referring source has for us. Contact Us Today!
Financing such as Retail, Office, Mixed use Properties, Credit Tenant, Tax Credit, Conduit Lending - Purchase - Refinance and Construction of Commercial income producing projects Nationwide - Bridge Hard Money Loans or Permanent Financing.
Can be underwritten as a multifamily product with slightly higer spreads. Depending on the quality and location of the mobile home park. Bridge Loan money is available for Purchase, Refinance, and Cash out with very competitve programs - Bridge loans are available for virtually any type of borrower or park condition.
Programs available for people or properties that do not conform to traditional or bankable transactions. Hard money loans are used for a variety reasons such as time sensitive closings, poor credit, high vacancy rates, poor property conditions, lack of proven income etc. Most property types are considered including: commercial, multifamily, apartment, land loans - Purchase - Commercial Refinance - Cash out.
Multifamily Mortgage Divisions
We have 50 Years
CCO – General Partner
Jennifer Abshire is the Senior Analyst and Marketing Manager of Rental Home Financing. Jennifer is responsible for credit and collateral risk management for the firm and brings several years of banking experience that encompasses commercial and real estate financing.
CMO – General Parnter – National Sales Director
Doug has over 20 years of experience in sales, marketing, & real estate investing, Managing Director and Head of Marketing and Business Development for Direct Money Lenders Inc. Doug is a 22 year real estate investment veteran.
Michelle Barnett Analyst
Senior Transactional Manager
Michelle is the Senior Analyst and Transactoinal Manager of Rental Home Financing. Jennifer is the expert liaison during the underwriting and due diligence process as managing the transaction process from start to closing.
As the sales manager, Chris helps with originating our various investment products. Including our revolutionary, Second Generation Securitization Product.
Rob has solid experience directing loan functions, setting expectations to the customer and managing our clients through the process.
Jay Byrd comes to RHF with an extensive background in marketing and communications helping to strategize content, advertising, search engine optimization.