Trevor Cole commercial Corp., a commercial lender, provides debt and equity financing to support America's real estate industry. Regarding debt finance, Trevor Cole Commercial Corp. closes multiple loans. A very important product for the Company is hard money lending. Hard money loans are an option for real estate investors looking to secure fast and available capital. Unlike traditional mortgage loans, hard money loans are usually issued by private investors, that see value in higher risk ventures. These lenders are often willing to bypass a borrower’s poor creditworthiness, if the real estate opportunity before them offers an attractive upside - they rely more on the feasibility of a real estate project, rather than a borrower’s fico score. These loans typically have short payment cycles, (about a year), and have typically higher interest rates, than traditional commercial loans. For real estate professionals, these loans can be a solid financing option. The deals usually require short-term financing when they want to make an all-cash offer, or when the borrower has poor credit. Most important, hard money lender's focus on the real estate projects feasibility, property value, and the risk of borrower defaulting on loan payments. However, value of the property is key, and serves as the loans security.
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AuthorTrevor Cole Commercial Corporation of New York City specializes in procuring funding for large real estate projects, including multifamily properties and office buildings across the nation. Archives
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