Private Lending

Banking Mortgage Services private lending sector will provide you with hard money lending. Hard money lending is privately funded money collateralized with equity of a property. There is more emphasis on the property rather than the borrower’s credit. These loans are not only for borrowers with challenging credit but also for attaining funds in a much shorter time period.

One of the benefits of choosing the private lending route is that there is not much documentation or obstacles as there might be with a standard underwritten bank loan.

Private money is more often than not used as a short term financing option. The process is quick and efficient and our loan originators will also plan for an exit strategy with a more traditional refinancing in a short period of time. Hard money loans normally fund in about 5 business days and have a term period from 18-36 months. Our private lending funds may be used for commercial, investment and residential properties.