The New Year has started and already we are seeing the already “hot” financial and real estate market get hotter! Many new projects are in the works, along with opportunities for growth in residential and commercial properties.
Island Funding Group has added new private lenders to our list. Some of the outstanding features of the programs offered are:
- Stated income – stated assets for easier qualifying
- Nonconforming commercial loan – these fall between bank, SBA and Hard money loans
- Bridge loans – when interim financing is needed
- Longer terms, lower rates and flexibility that banks do not generally offer
- Unique properties such as churches, multi-use, non-warrantable condominiums