Private Money Mortgage Services
NMC Funding Group works exclusively in the commercial real estate private money lending arena. Over the years, this specialization has allowed us to offer a higher level of expertise in the complex commercial market and to attract more seasoned investors. The result is a team with superior insight into the potential of your commercial property. We know the market and where your property fits. We want to consult with you, not waste your time. After all, anyone can quote rates and terms, but NMC Funding has a proven track record of getting deals done.
- Commercial real estate loans for acquisition or refinance that fall outside traditional bank and institutional lending parameters
- Bridge financing to satisfy short term need
- The purchase of short and long term paper collateralized by commercial real estate
Commercial Loans: Acquisition or Refinance
NMC Funding has a high degree of expertise in the apartment/multifamily lending, retail, industrial, office, mixed use, mini-storage, mobile home parks, restaurants and special use properties. Our typical loan ranges between $300,000 and $1,500,000 and funds in 10 days or less when no appraisal is required. We routinely work with challenging credit scores and leasing shortfalls that fall below conventional lending standards.
- Pulling cash out to finance improvements or consolidate debt
- Working through occupancy shortfalls
- Refinancing maturing debt
- Overcoming down payment requirements through cross collateralization
- Interest only and amortizing shortfalls
- Credit scores below conventional standards
Bridge Loans: Satisfying a Short Term Need
Sometimes a borrower just needs a little extra time to correct a situation that will make his or her property more attractive to conventional lending sources. This is particularly true in today's challenging economy. Bridge loans provide the perfect fix to a short term problem. NMC Funding offers bridge loans from 6 months to 2 years.
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Mortgage Paper: Turning Debt into Cash
In today's tough lending environment owner financed real estate transactions are on the rise and more and more sellers are looking for ways to turn that paper into cash. If you have sold a commercial property with a note, deed of trust or contract of sale and need to to get your money out, NMC Funding can help. We buy existing loans collateralized by real estate from individiuals, companies and other lenders.
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