Vertix Group just funded a $24 million loan
LOANIMAGE: Frank Hermosa & Albert ArissoDATE: 09/28/2021ADDRESS: 2536 Countryside Blvd.,
Bridge or “Hard Money” loans are typically short-term loans used as an option when conventional financing is not possible. It is an excellent way to get funds very quickly, and it is a flexible financing option for borrowers looking for short-term real estate financing solutions.
Bridge loans can be used to acquire multifamily properties, retail, office, hospitality, mixed-use, single-family homes, and for improvements or renovations in a property. Vertix Group is committed to providing competitive financing options and quick closings.
LOANIMAGE: Frank Hermosa & Albert ArissoDATE: 09/28/2021ADDRESS: 2536 Countryside Blvd.,
LOANIMAGE: Frank Hermosa & Albert ArissoDATE: 09/02/2021ADDRESS: 10305 N.W. 58th St.MARKET:
Vertix Group, a private lending firm specializing in
Vertix Group, recently secured a $14.7 million loan
It takes between 10 to 20 days
a.) Personal financial statement
b.) Bank Statements
c.) Resume
Between 2 to 5 days
Between 1 to 3 weeks
The rates start at 9%.
The LTV ranges from 50% to 70%
12, 24 or 36 months
No, but there is a minimum interest of six (6) months.
To be determined on a deal by deal basis.
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