• Loan Type: Bridge
  • Loan Amount: $1,837,500
  • Term: 2 Years
  • Amortization: Interest Only
  • Recourse: Recourse
  • LTV: 70%

Challenges

The Borrower had a hard deadline with their 1031 Exchange and need to close quickly.

Solutions

Trust was key to win this deal. Money360 Originator has a great relationship with the broker. The broker knew that Money360 could get this done because of past experiences with our originator.
With an impending hard closing date of January 11, 2018, the borrower selected Money360 for financing based on the its certainty of execution.
Certainty of execution and a quick closing were key to this deal

Bridge Loans

Money360 is a direct lender and can create custom bridge loan solutions to finance transitional or unstabilized properties throughout the United States.

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Permanent Loans

Money 360’s permanent loan program provides flexible, long-term financing at competitive rates and terms for stabilized commercial real estate throughout the United States.

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Why Money360?

  • Money360 is a Direct Lender
  • In-house Credit Approvals
  • Letters of Intent in 2-3 days
  • Funding in 3-5 weeks
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