First Charter Financial Corporation
| PRIVATE MONEY AND MEZZANINE LOANS First Charter Financial Corporation |
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COMMERCIAL MORTGAGE FINANCING SOLUTIONSConduit Loans Insurance Companies Commercial Banks and Thrift InstitutionsGovernment Sponsored Multi Family, FNMA, FHLMC, HUD Bridge Loans Construction Loans Mezzanine Private lenders
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PRIVATE MONEY AND MEZZANINE LOANSGenerally speaking this is a loosely defined category of financing. Private Money Loans are loans that come from nontraditional financing sources such as corporations, wealthy individuals and even the equity arms of investment banking companies. What distinguishes these loans is the rapid response of the lender, the ability to close quickly and the high interest rate charged. These loans can be quickly structured and made to fit unusual situations. Mezzanine loans is another area that is not well understood by many borrowers. Effectively a mezzanine loan is a loan in a subordinate position but not secured by a lien on the real estate. Usually it is secured by a pledge of equity interest in a property. These loans are often made by private lenders at high rates. There are some second position loans available for multi family properties with some of the Fannie Mae and Freddie Mac programs.
 480 970 0990 victor@fcfcorporation.com MB0907867 |
DIVERSE PROPERTIESShopping Centers Office Properties  Office Condo Devs Multi Family  Condo Conversions Industrial  Self Storage Hospitality Mixed Use Construction  Land |