Magis Funding Solutions is highly experienced in providing our clients with Bridge Loans and Hard Money Loans in a short amount of time. With our numerous partnerships with institutional private investment firms we can provide the capital you need, in the time you need it in.
Hard Money Loans Criteria and Rates
- Loan Size: $1,000,000 to $100,000,000
- Lending Area: National and International
- Collateral: We lend to mainly on commercial real-estate, including raw land and development projects
- Interest Rate: 9% to 14% Interest Rates vary depending collateral
- Amortization: Interest Only
- LTV: Up to 80%
- Origination Fee: 1 to 4%
- Closing time: 5 Days to 1 Month
- Special Platinum Property Bridge Loan Program
If you need additional capital quickly for another project, or if you see an acquisition opportunity that you can afford to pass up, then this is the program for you.
This program applies to income producing properties only. Rates are very competitive and require strong borrowers.
- Loan Size: $2MM to $15MM
- Borrower Credit: Very good and additionally has to be financially strong
- LTV: Up to 75%
- Rate: 5% to 7%
- Term: 1 to 3 years Interest Only
- Property Types: Office, Retail, Industrial, Multi-Family, Manufactured Housing, Hospitality, Assisted Living/Congregate, Condominiums, Self Storage, Special Use
We bring experience and integrity to funding your Bridge and Hard Money Loans.