Monroe Funding Corp
Monroe Funding Corp is a direct 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.
Is a Hard Money Loan Right for You?
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.
The Monroe Funding Corp Difference
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.
As a hard money lender in Fort Lauderdale, the primary advantages of our asset-based products include the following
Monroe Funding Corp specializes in equity-based first mortgages to investors.
The qualifying process focuses on the equity in the property only. As opposed to, personally qualifying the borrower.
We analyze every deal on a case-by-case basis and approvals are based on the condition and location of the property and the investor’s particular needs.
We are a Florida hard money lender here to serve your investment borrowing needs. Our specialty is non-owner occupied, residential or commercial property.
There are no personal qualifying requirements because our loans are equity-based only. This means we can close quickly and hassle-free. Our loans are structured as follows.
- Rates Starting At… 11.9% 11.9%
2-year term, which is extendable if the loan is in good standing.
- Maximum Loan To Value 75% 75%
- No Income Verification
- No Application Fees
- Forgeign Nationals OK
- No credit checks
- Quick Closings
Why Choose Us?
To assist you with the bidding process, we offer written approvals and proof of funds letters too. You’ll also receive flat-fee MLS access. All this to market your property with minimal closing costs.
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.
Our funding is aimed primarily at single-family homes, apartment buildings, and most types of commercial properties.
Monroe Funding Corp
Areas We Serve In Florida
Making an Impact on Your InvestmentsWe are a boutique lending company. With fast and flexible lending programs that get money into your hands quickly. Forget the piles of paperwork that go with traditional lending firms. That’s not us. We are here to help you get the most out of your investments today and well into the future.