We are excited to announce a closing under our new Small First Mortgage Lending Program of a $75,000 first mortgage on a day care center in the suburbs of Philadelphia.
The borrower has owned the property and business for more than 10 years, during which time she had filed a Chapter 13 bankruptcy, causing conventional lenders to decline her as a borrower.
Our programs are designed for these types of situations, where real estate investors are not able to access traditional financing and need lenders that are understanding and flexible.
When your bank says No, we say Yes.
