Phone: 305 - 363 - 7169
Address: 12550 Biscayne Blvd #602, North Miami, FL 33181
Website: http://www.mmprivatelending.com
States They Lend In: Florida
We Specialize In Private Hard Money Lending and Mortgage Note Investments
M & M Private Lending Group is a licensed broker & servicing company in the State of Florida (NMLS 860339). We specialize in arranging private hard money real estate loans. We possess over 31 combined years of real estate and private hard money lending experience. Our loans are funded quickly and we pride ourselves on offering the most competitive interest rates and closing costs available. We arrange both residential and commercial loans within the state of Florida. Primarily we offer loans for purchase, refinance, fast-cash, construction and investment rehab “flips.” Among the property types we lend on are; single-family homes, condominiums, condo–hotel, mixed-use, multi-family, retail, office and condo-offices.
We arrange loans for the following purposes:
- Purchases
- Refinance and Cash-Out
- Fast-Cash, Short-Term and Bridge
- Investment Rehab (“Fix and Flip”)
- Equity Lines of Credit
The majority of the loans we arrange are for non-owner occupied (rental and investment) properties. However, we will consider lending on owner-occupied properties as long as we follow the guidelines of each property being in a LLC. Please discuss these loans with a loan originator on a case by-case basis.
We lend on the following property types:
- Single-Family Homes.
- Condos.
- Mixed-use.
- Industrial
- Multi-Family
- Retail
- Office
- Medical
Terms
- 12, 24 or 36 months
- Interest Only
- 60% of Maximum LTV
Private Money Interest Rates do not fluctuate like institutional loans that are tied to common interest indices. The lender, the private investors, and we who fund the loans set the rates. The interest rates for 1st position mortgage notes are typically between 10 and 12%. We pride ourselves on offering the most competitive interest rates and settlement charges available.
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