Commercial mortgage lender, MasterPlan Capital, wants to remind all our clients and all commercial real estate investors that we have plenty of money available to lend for “Bridge” financing against quality commercial property.
Loans are short term, between 9-36 months and are generally interest only until maturity. We can lend up to 65% LTV (loan-to-value ratio) for stabilized properties and can close deals very quickly.
Rates for bridge loans start at 10.99% for the very best deals but are usually priced in the teens.
With the banks, insurance companies and Wall Street brokers turning away even the good deals, it may be time to consider a privately funded commercial mortgage loan with MasterPlan Capital.
Borrowers can use our simple, 1 page commercial mortgage application and will receive a response the very next business day. All inquires will receive prompt and professional service.
Tags: commercial hard money, commercial mortgage, commercial mortgage lender, commercial mortgage loans, commercial real estate, Economy, hard money lender, masterplan capital, mortgage crisis, private commercial mortgage loan, private lending