Private Mortgage Financing Partners LLC has been providing short-term hard money loans to real estate investors since 2002. Their rates range from 12%-12.75%. They lend up to 65% LTV, and they can close loans in as quick as 48 hours. They are rated 2 stars based on 5 Freedom Mentor reviews.
|Business Name||Private Mortgage Financing Partners LLC|
|Business Address||32416 Autumn Forest Ct., Magnolia, TX 77354|
|Business Established Year||2002|
Private Mortgage Financing Partners LLC Rates & Terms
|Types of Properties||Primarily commercial and multi-family|
Single family will be considered for experienced investors
Raw land financed at 25% - 30%LTV
|Loan Amount||$400,000 up to $3 million|
|LTV||65% of appraised value|
|ARV||Information not available|
|Interest Rates||12% or 12.75%|
|Lender Fees||2-4 points at closing|
|Loan Terms||1-5 years|
|Minimum Qualifications||1st lien position only|
Appraisal performed by an MAI appraiser
Title report from Stewart Title Co. or Chicago Title Co.
|Typical Time to Funding||48 hours - 5 days|
|Other Financing Available||Refinance|
*Exceptions may be granted. Lender information is updated often, however exact lender terms may have changed.
States Currently Lending In