Royal Ace Finance continues to arrange and fund private money loans to borrowers requiring capital for the purchase or refina ... nce of commercial and apartment properties as well as income producing, non-owner occupied 1-4 unit residential properties. We are fortunate to have a very expansive and diverse investor, anxious to place his funds in investments. This continues to enable us to fund and close transactions in a most timely and efficient manner. Our underwriting is focused on the equity in real estate, business loans and bridge loans and is not driven by credit scores or extensive income documentation. Our rates and fees are very competitive (as low as 5.27%), and our process, from submission to closing, rarely exceeds 5-10 working days. While conventional lending sources continue to be less available and more demanding, and while other private lending sources prove to be less reliable and unable to close and fund the transactions they approve, Royal Ace Finance continues to grow its investor base and closing volume and remains a consistent and dependable funding source. If you’re a mortgage or real estate professional or a prospective borrower, and your loan request does not fit within conventional loan parameters or requires a more timely closing, we invite you to contact us. (Brokers are protected/50% in commissions) enq@r-acefinancial.com read more
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