Markets: National.
Size: Single loans – $500k to $18 million
Term: 12-36 months
Recourse: Full
Asset Classes: All considered, other than land and special purpose.
Pricing: 8.99%-9.99%
Fees: $5000.00 or Two Points, the lesser amount.
Prepayment: Negotiable
LTV: Generally up to 65% In certain markets Ltv can be 70%.
Closing Time: Generally within 30 days
• Time Sensitive Closings
• Discounted Note Payoffs
• Partner Buyouts
• Credit Impaired Borrowers
• Limited Environmental Issues
• Value-Add / Transitional
• Non-Stabilized Properties
• Acquisitions / Refinances
• Investor / Owner Occupied
MMIFL is looking to be the primary source of funding for BRIDGE loans. Brokers are our partners in achieving solutions when it comes to our INVESTOR clients. Call Ben Soifer directly if you would like to be one of our broker affiliates.
