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Direct Money Lenders
is a private Las Vegas hard money land and commercial lender.
All property types are considered. We specialize
on land acquisition/development and commercial real estate
purchase/refinance through the use of short & medium term bridge
loans. Many of our clients request commercial
bridge loans or a hard money loans with the desire
to close quickly and take advantage of a business
opportunity.
We
have the ability to lend Nationwide!
We customize each
of our Las Vegas hard money commercial bridge loans to meet
your specific requirements. If you are looking for
a fast money bridge loan, hard money loan, or
foreclosure bail out loan, you have arrived at the
place to speak with a qualified representative
about your deal.
| Bridge
Loan Amounts: |
| National:
$150,000 and up |
|
| Loan
to value: |
Up
to 85% - Higher if Strong Credit
is Present |
| Security: |
First, second, wrap,
blanket mortgages & mezzanine
financing |
| Term: |
6
- 36 months - Stated Income -
Stated Asset |
| Prepayment
Penalty: |
| • |
No
prepayment penalty at any
time |
| • |
Borrowers have maximum
flexibility |
|
| Interest
Rates: |
9
- 15% |
| Recourse: |
Typically required |
| Closing: |
As
fast as necessary |
| Points: |
Negotiable |
| Appraisal
Report: |
Depends
on property type |
| Environmental
Report: |
Depends
on property type |
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