Your Trusted Partner for Fast Closing and
Easy Commercial and Rental Property Bridge Loans
Specializing in Bad Credit Short Term Rental Property Bridge Loans while offering a broad range of Commercial Bridge Loans and Short Term Rental House Bridge Loans.
Notice: We’ve just added much needed Bad Credit Commercial Bridge Loans including Bad Credit Residential Rental Property Bridge Loans
Your One Stop for Commercial Real Estate Bridge Financing
U.S. Funding Solutions is your source for Short term Commercial Property financing, no matter your credit. Call us 7 days a week to discuss your Commercial Real Estate Bridge Loan Needs, Nationwide. 828-206-9386
We pride ourselves in providing the best commercial real estate, residential Rental and business bridge loans available for your particular situation and the best service in the industry. We can help with your short term financing in Niches most Lenders run from.
So stop wasting your time hoping to get bank financing for a short term commercial bridge loan to get you through whatever hurdle you have to get over, particularly if your credit isn’t stellar and give us a call at the number above.
How We Work
At U.S. Funding Solutions, Inc., we pride ourselves on being available (7 days a week @ 828-206-9386), friendly and providing outstanding service. We NEVER use high pressure tactics to try to coerce a customer into accepting a commercial real estate bridge loan proposal etc. until they are ready. We also are available to customers or professionals such as Realtors, CPAs, Attorneys, etc. to answer any questions that your representative may have.
We are also buyers of private mortgages notes so if you need to Sell a Mortgage Note, give us a call.
Buyers of private mortgages purchase private mortgages at a discount. That discount is dependent on 2 primary factors,
The perceived risk of the note and
The terms of the note. Let me elaborate on each of these factors.
First, the perceived risk. Withing this factor are 3 elements when combined determine a private mortgage purchaser’s perceived risk.
The amount of down payment and/or equity,
The credit of the borrower(s) and
The perceived marketability of the property should the note buyer have to take posession of the property. These elements determine what a real estate note buyer uses as the discount rate to apply to the future cash flow. Secondly, the terms of the note or what I like to say, the pure math of the deal. This element is more about numbers than perception as the discount rate determined above is applied to the future payments to “discount the future payments to a dollar amount today”. In this note discounting, the shorter the amortization period and higher the interest rate, the lower the discount amount to the note seller. If you are considering selling a property through owner financing, please keep the following in mind.
- Get as large down payment as possible. This not only lowers the discount to you should you ever want to sell a private mortgage note but it lowers the amount you will take a discount on as 100% of the down payment goes into your pocket.
- Charge an above market interest rate. Remember you are in the drivers seat and the buyer most likely can’t get bank financing. Aim for 3 to 5% above the prevailing mortgage rate.
- Have the buyer provide you with a tri-merge credit report. Knowing their credit scores and history helps you in negotiating the terms. If the buyer’s credit is horrible, I would seriously consider not offering them seller financing .
- Make the amortization period 20 years or less. 30 year amortizations are the deepest discounted notes.
- Have an attorney or Title company depending on the state you’re in prepare the documents and close the transaction. Charging their fees is normal for the industry so that should not come out of your pocket.
- Keep good records of the borrower’s payments and do NOT accept cash, checks or bank deposits only.