Our Rates Remain Low
This year has been a roller coaster for conventional interests rates. They have doubled, while hard money loan interest rates have only increased marginally. During this time, Private Mortgage Financing Partners has kept 2023 loan rates comparable to the lows of 2020-2022. However, due to our cost of capital, we are being forced to increase our base rate, to 13 -13.5 %. This rate remains lower than most hard money lenders in our industry. PMF Partners’ loan process is simple: No Upfront Fees, Low Rates and Fast Close. Our loans range from $400,000 to $4,000,000 (in Texas we will consider loans as low as $300,000). We render a decision usually within 24 hours.
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Private Mortgage Financing Partners are experts in financing hard to finance deals (hard money, private money) through our mortgage fund, Private Mortgage Investors, LLC. We are also experts in negotiating discounted payoffs and discounted note purchases with banks, as we also own a commercial debt negotiation company.
Learn more details or to discuss a possible commercial mortgage contact us,
Private Mortgage Financing Partners. |
