Saturday, May 10, 2008

Metro Funding is seeking "Small Balance Loans"

Unlike many financial institutions today that are tightening their belt, Metro Funding is constantly looking for good investments where we can put our capital to work. In the interest of diversifying our loan base we have allocated $20 Million for use with “small balance” loans. This money has to be out of our hands and into projects within the next 3 months!

How small of a loan?

$2 Million and below will receive very favorable rates and terms, even on land!

What you can expect…

  • 12% Interest
  • As low as 2 Points on Income Producing properties
  • As low as 8 points on land loans!
  • No Prepayment Penalty
  • All points paid from proceeds at loan closings
  • Brokers points honored and protected

All other loan scenarios are also welcome.

Should you have any questions or loan scenarios that you would like to have reviewed feel free to call or email me. I also have a loan submission form that makes it quick and very convenient to submit loans, if it would be helpful to you please request it.

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