Loans Offered
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Bridge Loans
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Construction Loans
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Permanent Loans
Past Fundings... |
- $1,775,000
Construction loan
88-space manufactured home park
- $562,000
Construction/permanent loan
16-unit apartment building
- $875,000, Multi-Use Building
Seattle, WA |
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Construction Loans
Why choose us instead of a traditional bank construction loan?
We are a privately owned, non-bank, non-regulated lender with
our own funds, access to bank funds and other private sector funds.
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Michael Gladstein, Builder |
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Thank you for the services you provided. Mortgage
Equities, Inc. made the process of borrowing money very
easy. You kept your word on the delivery date of the funds
and the costs involved. Thanks again for your services rendered.
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Transactions often fail to get approval because of poor presentation to the lender or insufficient experience by the lending officer to help
structure an acceptable loan request.
Our principals are experienced construction lenders who work hard to
help developers find solutions to financing needs on good projects, some
of which, banks have turned down.
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Sanford Jones and Carol Ewing,
Investors
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We
would like to take this opportunity to express our appreciation
for your assistance in obtaining financing for the purchase
and renovation of the apartment project. Your prompt attention
was helpful in closing the loan on schedule, and we especially
were impressed with with your ability to find one source of
financing for both the purchase and renovation. Conversion
of the construction loan to a permanent loan went incredibly
smoothly. It was a pleasure working with you. |
We quickly analyze your loan request to determine if we can
provide the financing you need. We don't waste time with "maybe"
— speed, experience and willingness to help structure your
loan to accomplish your goals, are major reasons why many borrowers
have selected our services.
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Lending area
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Washington, Oregon, Idaho
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Amounts
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$250,000 to $3,000,000
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Term
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9 to 36 months
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LTV Ratios |
Up to 75%
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Amortization
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Interest only
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Rates/Fees
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Negotiable- Depends on term, amount, and degree of difficulty in
putting the transaction together.
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Appraisal
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Optional - Case by case determination.
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Title Insurance
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ALTA Extended Title Coverage is required.
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Acceptable Collateral
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First lien position on:
- Apartments
- Mobile home & RV parks
- Single family subdivisions
- Self storage
- Light - industrial
- Office
- Medical clinics
- Neighborhood shopping centers.
We will consider other types of income property.
Excluded Property Types:
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Recourse
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Yes
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Application fee
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To be negotiated
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Brokers Protected: Inquiries Welcome
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