(Newswire.net — August 12, 2020) — Tampa, FL — Tampa, FL company Caribbean Mortgage Loans launched new hard money bridge loans for commercial properties in the Caribbean, Mexico, Central America, Latin America, South America, and the US.
Tampa, Florida company Caribbean Mortgage Loans announces new hard money bridge loans for commercial properties. These loans can be used for properties in the Caribbean, Mexico, Central America, Latin America, South America, and the US.
More information is available at https://caribbeanmortgageloans.com
Hard money loans can be used for the purchase or acquisition of property, the cash out refinancing of property, for infrastructure development, vertical construction, and bridge loans to permanent financing.
These hard money bridge loans are available for up to 65% of loan to value (LTV) – the ratio of a mortgage is the ratio of the mortgage balance to the value of the property – to up to 90% combined loan to value (CLTV) – which is the calculation of all of the loans taken out on the property.
Caribbean Mortgage Loans is federally registered and approved with the National Mortgage Licensing System (NMLS) and licensed by the State of Florida Office of Financial Regulation (FLOFR). The company has strategically aligned themselves with both institutional and private investors with managed funds seeking to lend on qualified, real-estate secured commercial properties.
With Caribbean Mortgage Loans, customers can expect their hard money loans to close in as little as 14 days for domestic, US properties and as little as 30 days for international properties. These times are subject to third party appraisal, a clear title report, and receipt of payoff information, among other details.
Hard-money bridge loans are available in the following countries: Bahamas, Barbados, Costa Rica, Central America, Dominican Republic, Jamaica, Mexico, St. Maarten, St. Lucia, Trinidad, Turks and Caico, United States, and the Virgin Islands. There are also countries available in Latin America and South America.
The firm Caribbean Mortgage Loans has more than 20 years of experience doing commercial project consulting and commercial lending. They offer conventional, hard money, private placement, hedge fund, pension fund and investment pool capital for the financing of commercial properties of all types.
More information on these hard money bridge loans, contact details and a free consultation can be found at the URL above.