(Newswire.net — July 10, 2019) — Tampa, FL — Tampa asset financing company CaribbeanMortgageLoans.com has upgraded its cross-border mortgage funding programs to fund Mexico, Caribbean, and South American property loans for amounts as low as $2 million. These loans are applicable to residential and commercial properties in 9 countries.
Tampa asset financing company CaribbeanMortgageLoans.com announced the upgrade of Mexico, Caribbean, Central America and South American property loans and now offers loans as low as $2 million. The hard money bridge loan lender offers short-term and long-term bridge loans for a wide range of residential and commercial properties.
More information about CaribbeanMortgageLoans.com is available at https://caribbeanmortgageloans.com
Relatively low interest rates on short-term loans and attractive financing terms favor cross-border financing in Mexico, the Caribbean, and South America. CaribbeanMortgageLoans.com has expanded its lending portfolio and now offers bridge loans and mortgages on small-cap and mid-cap investment properties in these countries.
Until recently, the Tampa bridge loan financing company offered loans of $20 million or more on qualified properties. CaribbeanMortgageLoans.com now allows investors access to funding as low as $5 million, and in some cases $2 million, to purchase or refinance income-producing properties.
CaribbeanMortgageLoans.com offers funding for the purchase, refinance of existing properties as well construction and development of a variety of real estate projects. Cross-border lending loans typically fund 45 to 60 days from approval following a thorough due diligence process.
The new funding programs are applicable to the purchase and refinancing of properties in Barbados, Bahamas, Belize, the Dominican Republic, Jamaica, Mexico, St. Lucia, St. Maarten, the Turks and Caicos Islands, and other regions. CaribbeanMortgageLoans.com programs cover a wide range of properties including luxury single-family houses, condominiums, multifamily apartment buildings, commercial office buildings, retail strip malls, and resorts.
The Tampa, FL Caribbean property financier offers short-term interest-only loans for 1 to 3 years on properties that are under construction, renovation, sale, or refinance. The lender offers long-term amortizing loan programs range from 10 to 30 years for qualifying properties.
According to a spokesperson for CaribbeanMortgageLoans.com, “We are delighted to offer small-cap and mid-cap property cross-border loans for lucrative income-generating properties. We look forward to partnering with individuals, families, and investors looking to expand their rental property portfolio in Mexico, Central America, South America, and the Caribbean.”
CaribbeanMortgageLoans.com is a full-service lender for mortgage loans on residential investment properties & commercial properties located in Mexico and the Caribbean. The company is headed by Ray Wateska, an experienced mortgage professional and consultant in Tampa, FL. More information is available at the URL above.