Want to close before summer starts and you head out on vacation?

by | May 19, 2017 | commercial hard money, Residential hard money

Want to close before you put on the bathing suit and attempt a cannonball or whatever “trick” the guy above is attempting?  Annoyed by the games of other lenders promising the moon only to find out later that they aren’t really lenders and can’t close? Do you have a loan that doesn’t quite fit the “box”?  Fairview can help!  With other companies advertising they can close in a month, at Fairview we can do better and close before the unofficial start to summer even heats up.  Our average close time is only 5-10 days and there are ZERO UP FRONT FEES   How can we close so quickly?  We are the lender! Call/e-mail to get an honest yes or no answer today

When you call Fairview you are talking to the actual decision makers; we are the money. We are not a “matrix lender” and can work with your clients on unique solutions to their unique needs. We are not brokers and hold and service all our loans.  Since we are a private lender and not a bank, we can close without appraisals or upfront fees on both residential (investment properties only) and commercial properties.  We are not bound by the stringent regulatory constraints of traditional bank lenders.  We can analyze a transaction from a business perspective and close loans that make sense for the borrower.  To get started we just need a property address and some basic loan details (one page application).

Fairview is the premier private residential and commercial lender!  We have been lending since 1975 and have closed thousands of transactions in Georgia, Colorado, and Florida and we have been featured as an expert in almost every major national mortgage publication.  If you have a big deal or a small deal, we can get you funded; here are a few examples.

 

Learn how Fairview Lending can assist you and your clients to get your transaction funded quickly without the hassles of a matrix.

No upfront fees?  How can Fairview not require any fees from the borrowers prior to closing?  We are the money and therefore do not require appraisals, we look at every transaction we lend on to determine the value and our loan amount. This enables us to cut through the BS and actually get loans closed without costing you or your clients a dime to find out if we can fund a loan or not.

How can Fairview close so quickly?  We are privately funded and hold and service all our own transactions.  We do not require appraisals and underwrite everything in house (we go out and look at the property and then fund).  This allows us to ensure a smooth and quick closing.

Where is Fairview able to lend?  We are currently focusing on commercial properties and residential investment properties in Georgia, Colorado, Florida, and Illinois (in IL we are focusing on commercial properties in Chicago metro)

How do I get started?  All we need is our quick one page application.  We do not require any upfront fees or due diligence fees.

Want to learn more?  See our free Hard Money 101 Guide.

Recent Closing Examples

  • $650,000 warehouse: Colorado Springs, CO
    1. Borrower needed funds for purchase contracts
    2. Fairview is a true portfolio lender so able to look at the property as opposed to a bank just relying on current income of the borrower
  • $450,000 retail: Atlanta, GA
    1. Borrower purchased property in cash and was in the process of putting in a new tenant
    2. Needed fast closing for tenant improvements
  • $175,000 Investment Single Family: Savannah, GA
    1. Investment property borrower used as a long term rental
    2. Borrower needed cash quickly to purchase another property
    3. Borrowers credit not great due to a past foreclosure and Bankruptcy
    4. Needed 7 day closing to purchase additional rental property
  • $350,000 Investment Single Family/ nightly rentals Vail, CO
    1. Investment property borrower used for nightly rentals
    2. Banks wouldn’t count nightly rental income since inconsistent
    3. Borrower went through a terrible divorce that impacted credit score
    4. Borrower needed quick funding in order to pay off another lender and finalize payments via divorce
  • $555,000 Investment single family Miami, Florida
    1. Investment rental house
    2. Borrower self-employed and on paper didn’t show enough income for traditional lending
  • $225,000 Investment single family Evergreen, CO (Denver)
    1. Borrower needed funds to complete property rehab and buy a business in another state
    2. Borrower’s credit impaired due to identity theft and theft of funds from prior employee
    3. Borrower self-employed and needed funds quickly to consummate purchase transaction and finish house so they could list for summer sale
  • $95,000 Office Condo: Atlanta, GA
    1. Borrower buying an office condo to lease part out and use part for his own business
    2. Borrower self-employed and on paper didn’t show enough income for traditional lending
    3. Borrower needed quick closing since funding basically as a “cash sale” to get the lowest price possible
  • See more closings

 

Written by Glen Weinberg, COO/ VP Fairview Commercial Lending.  Glen has been published as an expert in hard money lending, real estate valuation, financing, and various other real estate topics in the Colorado Real Estate Journal, the CO Biz Magazine, The Denver Post, The Scotsman mortgage broker guide, Mortgage Professional America and various other national publications.

 

Fairview is a hard money lender specializing in private money loans / non-bank real estate loans in Georgia, Colorado, Illinois, and Florida. They are recognized in the industry as the leader in hard money lending with no upfront fees or any other games. Learn more about Hard Money Lending through our free Hard Money Guide.  To get started on a loan all they need is their simple one page application (no upfront fees or other games).

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Phone: 866-634-1270
Email: Info@FairviewLending.com