Patch of Land
Who is Still Lending?

Who is Still Lending?

The Government and the lending community have been desperately scrambling to get disaster relief loan funds into small business owners hands under the newly minted Paycheck Protection Program (PPP). At the same time, commercial and investment residential real estate lenders are closing their doors, and locking up their coffers in droves. So which lenders are [...]
Do 30-Year Fixed Commercial Mortgages Exist?
The subject of this article may seem confusing because most people think a 30-year fixed commercial mortgage is just as prevalent as a 30-year fixed residential mortgage. Once you start looking for a 30-year fixed commercial real estate mortgage you quickly realize that they are tough, if not impossible to come by. So why can [...]
Is Your Residential Mortgage Business Sunk?
Let’s face it, being a mortgage or loan broker these days is tough. Competition is fierce and increasingly lenders are eliminating broker programs in lieu of courting borrowers directly online (and it’s working). A Small Business Credit Survey released by 12 Federal Reserve Banks last month showed that 32% of loan applicants turned to online [...]
2019 Best Best Private Money Lender: Patch of Land

Patch of Land

From its website: As real estate markets continue to heat up, Patch of Land can help you take advantage of opportunities to invest in single family residential and commercial properties in as little as 7 days.Whether you’re rehabbing houses, duplexes or apartment buildings in an already flourishing neighborhood, looking to finance a stabilized rental property, [...]