Bridge Loans

Private Bridge Loans (Hard Money)

Acquisition, Bankruptcy Discharge, Refinance, Pending Foreclosure, Equity Recapture, Poor Credit / Late Pay & Short Term Funds.

Met and it's Lenders/Investors will review any type of Commercial property <or> Credit situation.

Note: Met will not view Single Family Homes, Venture Capital, Constructions loans or requests in California, Arkansas, Tennessee, Hawaii or Alaska.

The term "Hard Money Loan" as it is referred to in the real estate and or lending world has a number of meanings stemming from it's root "Hard Money" meaning cash money. Hard Money Loan begins with a general meaning related to loan for hard cash. However, the meaning has developed through years to include non conventional real estate loans (privately funded loans) such as those loans, to corporations, one might get from a private investor. Usually a loan where the lender can approve the real estate loan request based on real estate equity primarily, side stepping much of the usual time consuming aggravation, and verification that for example a bank might require to lend that the same amount of money. Hard money loans of today usually are those loans funded at a higher cost to the corporate borrower in exchange for the ease of obtaining a fast cash type no-red-tape loan.

	LOAN AMOUNT: Minimum of $250,000 in NJ, NY, PA, CT.
	All Other States Minimum Of $400,000. Maximum $10,000,000 .
	QUALIFIED FINANCING: Acquisition, Refinance, Equity Recapture, Poor Credit / Late Pay, Bankruptcy Discharge, Pending Foreclosure, RTC buy out, Short term funding etc.
	TERM: 1 to 3 Years
	Semi-Hard Loans: 5 to 15 years with 20 year Amortization.
	RATE: 1 Year TB + 700 basis points to as high as 15%, Points can range from 4 to as high as 8. Depending On Property Appraisal, Borrowers Credit, Amount Of Loan etc.
	Rate: Semi-Hard 7.0% to 11.99% From 3 to 6 points. Depending On Property Appraisal, Borrowers Credit, Amount Of Loan etc.
	LTV: 50 to 75%
	RECOURSE: Yes full-recourse
	CLOSING: 20 to 45 Working Days
	DOCUMENTATION: Requirements for quote: brief executive summary with I & E statement to start.

Commercial Institutional Financing through out the US. Private Funding Hard Money, Apartments, Bridge Loans, Equipment, Office, Retail, Self Storage, Health, Hotel/ Motel, Industrial & Mixed-Use. Note and Mortgaging Purchasing.

Property Criteria
LTV's, Rates, Terms
Apartments
Bridge Loans
Equipment
Factories
Health Care
Mixed-Use
Office Buildings
Shopping Centers
Self Storage