Hard Money Private Loans
Commercial Hard Money &
Semi-Hard Private Bridge Loans Since 1967
Welcome to Met Mortgage {since 1967)
501 56th Street, West New York, NJ 07093 <> 201/866-4800 E-Mail Met <> click here..
You arrived at Met's general info page. To view Met's main site & Closings click here >> HOME Page
If your lender says NO or moves to SLOW M et is the place to GO >>> for all your commercial mortgaging needs.
Hard Funding -- when you need the money yesterday -- 24 Hour Response
Met and it's Lenders/Investors will review any type of Commercial property and any Credit situation.
"Met will not view : requests for> Single Family Homes, Venture Capital, Construction /Rehabs/Development or land loans."
Real Estate must be Mixed-Use or Commercial income producing.
At this time we can only view mortgage request East of the Mississippi and Texas.
The minimum mortgage amount viewed is $400,000… to $15 Million.
FYI::
Hard
Private Money and Semi-Hard Bridge Loans
----------------------------------------------------------
~For
property to qualify it must be mixed-use or commercial income producing.
~Minimum
mortgage amount: $400,000 +.
~Minimum
Down Payment on a purchase is 20% (of purchasers own funds )the
difference required can be a second mortgage from the seller or any other
source.
~Seller
can also help pay closing cost.
~Refinancing
dollar amount is subject to appraisal. *
~Hard
& Semi-Hard Money loans take about 20 to 45 days.
~Hard
& Semi-Hard Loans from 50 to 60% Loan-To-Value.*
~Interest
rates range from 8% to 15%.*
~Term
1 to 20 years. *
~Points
range from 3 to 6. *
*
The above LTV's,
terms + financed amount are predicated on credit FICO score, appraisal,
property type, loan amount requested, etc.
Call 201/866-4800 or E-Mail today to discuss your mortgaging needs.
Remember : Our investors make loans that are "outside the box" on all types of commercial income producing properties.
Disclaimer for Met it's Web Site and all pages contained herein:
Met’s web site is based on information provided to Met Mortgage corp., by other parties and/or third parties. Met has not performed any independent investigation as to the accuracy or the veracity of any information contained herein. MET makes no representations or warranties as to the accuracy or the veracity of the information contained herein or supplied at a later date in conjunction with this site and assumes no liability therefore. It is being shown for information purposes only . The sole purpose of these programs is to assist the recipient in deciding whether to proceed with a further investigation of a mortgage request. These pages do not purport to be all-inclusive or to necessarily contain all the information on loan request requirement.
Met makes no representations or warranties, expressed or implied, as to accuracy, quality or completeness of the information contained herein.
Met can not commit any Lender / Investor to provide financing
or other wise act on their behalf. Met’s services are purely
advisory & administrative in nature, and the prospective borrower should
recognize that
Met expressly disclaims any and all liability which may be based on such information, errors therein or omissions there from.
Paul Falzone Licensed Real Estate Broker - NJ Real Estate Commission Dept. Banking & Insurance: