COMMERCIAL

Finance America specializes in the placement of commercial mortgages over $1 million to $100 million for developers of multi-family condominiums and apartment buildings, shopping centers, mixed-use, office, retail, hotels, net-leased and industrial properties.

We arrange Acquisition Loans, Bridge Loans, Construction Loans, and Permanent Financing for both income producing and owner occupied properties nationwide. We address all components of the capital stack including Equity Particpation and Joint Ventures, and we excel in providing compelling solutions for Structured Finance and other complex assignments. We provide a deep network of contacts in both the capital markets as well as regional banks and private institutions.

Whatever our clients goals, our goal is to make it happen. We are commercial mortgage experts seeking to add value to your next transaction.

Without a doubt, today's financing market is extremely challenging and even the most seasoned developers and property owners need to strategize carefully before presenting a new loan request to the commercial real estate financing marketplace. Leverage is down, and Lender scrutiny has been increased. Your value proposition and business plan need to be very well thought out and presented as effectively as possible to the right audience. The margin of error is almost non-exist and there is no room for amateurs because there are fewer active lenders in the marketplace and those interested in lending are less aggressive. More than ever it makes sense to work with a firm like Finance America that is always in the Marketplace and always in the center of action.

Finance America can be your advocate and advisor, and help to strengthen and optimize your strategy, your business plan and your presentation before beginning to approach any lenders on your behalf. Whether the transaction you are contemplating is an acquisition or a refinance, wherever you may be located in the United States, Finance America can bring together with the best possible lender to meet your needs, with rate and loan terms tailored to your specifications. Make Finance America your first choice.

Private Equity Loans
When traditional financing isn't available, a private equity loan may be your best solution. Private Equity Loans are collateral-based real estate loans made by private investors instead of banks. These loans fill a need for funding when banks won't lend for any reason, there are credit problems, or there isn't time to obtain conventional financing to secure a purchase or get cash from the equity in a property. These types of loans are sometimes referred to by different names such as private money loans, private equity loans, or bridge loans.

• Purchase real estate — with a sufficient down payment (25% or more), you can secure a new 1st mortgage with a hard money loan
• Refinance a loan — hard money loans to obtain cash from equity, pay off a balloon mortgage, refinance a delinquent loan to prevent a foreclosure, pay off a Chapter 13 bankruptcy, and others. You need at least 25% or more residual equity left in the property after the new loan, including points and fees, to qualify
• Add a 2nd or 3rd mortgage — hard money loans can be used as subordinate financing to existing 1st mortgages for cash out for debt consolidation, remodeling, repairs, business loans, investments, or for any reason
• Secure a bridge loan to purchase new real estate before selling your current property
• To complete construction or rehabilitation on residential or commercial property

The 3 things you must have to qualify for a private equity loan:

1. Sufficient remaining equity in the property (25% or more after the new loan, including points and fees. The amount of required equity for hard money loans varies by property type and investor.)
2. An acceptable property in a marketable area.
3. The ability to repay the loan to the investor (required by law)

You may qualify for a private equity loan even if …

• You have too much debt to qualify for a bank loan — provided you have the necessary equity in your property (or down payment) and the ability to repay the loan, our hard money lenders can make allowances for excessive debt;
• You have non-verifiable, inconsistent, or unusual income — provided you can make the loan payment, our hard money lenders will accept loans made to persons who have unconventional incomes. If you have no income or means of repaying the loan, you will not qualify for a hard money loan, period.
• You have a rural property, unique property, or mixed-use property and have found it difficult to qualify for a conventional loan, as long as there's sufficient equity in the property, and our hard money lender deems the property a worthwhile investment, you qualify for a hard money loan;
• You need a cash equity loan with less than perfect credit and have a 1st mortgage with a negative amortization feature — with the right amount of equity after the required adjustment for the potential negative amortization you may qualify for a 2nd mortgage hard money loan;
• You need a short-term loan to build, rehab, or remodel real estate or make improvements to raw land prior to selling the property or refinancing into long-term permanent financing (note-hard money loans used for these purposes require a future value appraisal and construction documentation for approval);
• The property is in the name of a "non-natural person" — your property is held in the name of a trust, LLC, corporation, or an entity — rather than an individual.
• You need a business loan secured by equity in real estate, but cannot qualify or wait for a conventional business, commercial, or SBA loan;
• You are a Foreign National with no long-term U.S. employment or other assets
• You have marginal credit, minimal credit, or NO credit — sufficient equity and the ability to repay the loan are more important to our lenders than your personal credit (note: tax liens, current bankruptcy, judgments, clouds on title, etc., may require resolution prior to or at closing);