Many loans these days are not qualified for regular commercial CMBS or bank loans. Many builders and investors in Texas are depending on private and bridge loan for purchase, refinance and construction loans. Many borrowers in fact prefer these loans as they do not not many requirements and close faster. Commercial Partners of Texas, https://www.amerimort.com has been helping many borrowers in these aspects. Many bridge loan terms are as follows.
1. LTV up to 70% or 90% LTC
2. Rates from 6 months to 3 years.
3. 7% to 12% interest only loans.
4. $100K to 5M loans.
6. For Single Family Homes to commercial properties.
Buying commercial Real Estate in Houston Texas - Directory.
July 18, 2016
Another big development is coming to the Buffalo Bayou Park area.
Roberto Contreras, president and CEO of Houston-based DC Partners, told the Houston B...
$500M mixed-use development slated for site near Houston Texas Buffalo Bayou Park.
June 25, 2016
A former Exxon Mobil Corp. campus in northwest Houston is set to become a major retail development.
Alan Hassenflu of Fidelis Realty Partners, who help...
New commercial retail development slated for NW Houston on former Exxon Mobil site