Property Location: Chicago, IL Property: Value: 450,000 Loan Amount: $220,000 Interest Rate: 12% We were able to assist these Canadian investors with the acquisition and renovation funds for this 8 unit in Chicago. Borrower brought a sizeable down payment and has done business with T&M in the past. We allowed them 24 months to finish […]
Property Location: Cape Girardeau, MO Property Value: 600,000 Loan Amount: $125,000 Interest Rate: 12% We were able to fund 100% of the purchase and renovation using equity that the borrower had in his commercial building and primary residence. He had very small first mortgages on both and we used 2nd position liens to secure the
1,000 SQ FT Flip House – Cross Collateral Rehab Loan Read More »
Property Location: Lawrenceburg, TN Property Value: 260,000 Loan Amount: $150,000 Interest Rate: 12% We were able to help the borrower with the purchase of an investment home in Tennessee. Borrower cross collateralized a warehouse that they owned fee & clear as well as brought some money to the table. We provided a short term loan that
Property Location: Chicago, IL Property Value: $197,000 Loan Amount: $95,000 Interest Rate: 12% Borrower purchased and renovated this property though a joint venture & gap funder. He had 12 months financing in place that had ballooned and needed to refinance. We were able to offer a 2 year bridge loan that will allow the borrower
Property Location: Muskegon, MI After Repair Value: $104,900 Loan Amount: $25,000 Interest Rate: 12% Borrower purchased and rehabbed this home out of pocket and needed a small loan to complete the reno. We gave him a 2 year loan with no prepayment penalties
T&M Commercial Funding provides equity based lending to investors, brokers, corporations and sub-prime money borrowers who do not meet conventional lender requirements
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