U.S. Funding Solutions, Inc. and President Ron Stone are pleased to announce that their lender list has been expanded to include additional sources of investors. The expanded list means that the closing time is reduced to provide quick bridge funding aka commercial bridge loan. At USFS, the company fully understands that real estate investors need a lender who can move quickly to fund their commercial project. With USFS’s expanded lender pool, the number of steps required to obtain funding is minimized. The first step is to give the company a call to discuss the parameters of the project. —
USFS representatives (http://quickbridgefunding.biz/) discuss timing challenges, down payment and any credit issues which must be overcome. Depending on the complexity of the project, an executive summary can be very helpful in speeding up the loan approval process. The professionals work quickly to get the commercial real estate project up and running.
Ron Stone explained further, "The next step for us is to complete a simple application. It shouldn't take you very long to complete the application. Without an application, we may miss something that could come back to hurt us, so we ask you to fill it out completely to avoid these surprises so getting your application back to us quickly will help us close the loan quickly. Along with the application, we will need your authorization to pull your credit, even though your personal credit is not usually a hindrance to getting a loan. Credit is primarily used to check for liens and open bankruptcies."
“The next step once we determine the viability of your project" he continues, "is to secure an appraisal. We can sometimes use an existing appraisal if it is recent and particularly if it was ordered by a third party. This can help move your loan along quickly."
A variety of property types can be used as security. These include apartments, industrial buildings, office condos, self-storage buildings, mobile home parks, office buildings, assisted living facilities, motels, hotels, strip malls, residential homes as investments, convenience stores, and owner-occupied commercial buildings. Some of the loan scenarios which USFS handles include less than great credit, fast closing loans, apartment rehabs, loans to convert a building to assisted living, motel conversions, loans to avoid a foreclosure, partner buyout loans, new construction loans, low occupancy multi-family and motel loans, loans with no down payment seasoning, borrowers with a past bankruptcy or a past foreclosure.
More details are available at http://quickbridgefunding.biz/, 7 days a week.
Name: Ron Stone
Email: Send Email
Organization: U.S. Funding Solutions, Inc
Address: 119 Foxden Rd. Suite 100, Mars Hill NC 28754
Phone: (828) 689-4683
Release ID: 235133