Hard money loans can be an empowering tool in your investment strategy. They are designed and structured to facilitate the acquisition of non-owner occupied real estate. Our streamlined process puts the funding you need in your hands to be a cash bidder. If refinancing, we get you to the closing table quickly without any personal qualifying.
Monroe Funding Corp is a mortgage lender serving Florida with a variety of products to fit the needs of real estate investors. Our clients benefit from flexible sets of terms and conditions tailored to fit either short or long-term needs.
Our small balance commercial mortgage products are meant to serve the long-term goals of investors that do not fit the traditional bank models. These products are asset based with minimal FICO score requirements and be can be closed quickly.
We qualify every deal based on the value and condition of the property only. A huge advantage for you. Unlike traditional lenders. Loan approvals/commitments can be given in a matter of minutes as, opposed to days, weeks or even months. The entire process, from initial approval to closing, can happen in less than seven days (in some cases).
The possibilities are endless. Our terms are very competitive. Short-term loans are typically two years in length, which may be extended indefinitely as long as the loan is in good standing. We charge no up-front points or origination fees, resulting in substantial transactional savings for the investor.
In terms of eclecticism, there are few cities in the southeastern United States that are as richly diverse as Miami. From its people to its properties, the Magic City has lots of different options and it continues to be a hotbed for real estate investors and buyers seeking worthwhile opportunities. Monroe Funding Corporation has specialized in hard money lending Florida options to countless investors seeking quick funding. With numerous years of experience, the Monroe team is ready to work with you in achieving your Miami investing goals.
Immediate approvals. The closing process at traditional lenders can take months. At Monroe Funding Corp, once a brief application is received, a pre-approval can be delivered within an hour. No personal qualifying is required. Our loan products are asset-based only. If your property meets our criteria, a pre-approval is issued immediately.