As a specialty finance company we originate and service senior secured real estate loans throughout the United States. Monroe is adirect lender which has originated over $500 Million of real estate loans. We provide intelligent financing for purchases, refinances, bridges, improvements, and other purposes. As a non-traditional lender we approve and close loans quickly.
Loan size: $500,000 - $5,000,000
Term: Up to 5 years
Rate: 12 – 16%
Points: 2 – 4 points
Collateral: Residential & Commercial Investment real estate collateral except undeveloped land
Loan Amount: up to 70% of appraised value
Security: First lien mortgage
General Guidelines include: Appraisal • Title • Credit & Finance Review • Borrower’s “skin in the game” • Exit Strategy Review
Please let me know if you have any deals to discuss.
Thanks,
Darin - dh@tallbridge.com