Property Location: Hampton, Virgina Property Value: $120,000 Loan Amount: $175,000 Interest Rate: 12% Client needed the funds to purchase and rehab the property. Client promised another property as collateral.
Property Location: St. Louis Missouri Property Value: $41,000 Loan Amount: $36,000 Loan Term: 12 Months Interest Rate: 12% Client used promised another property as collateral, and utilized the funds to finish rehab on both properties.
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T&M Commercial Funding provides equity based lending to investors, brokers, corporations and sub-prime money borrowers who do not meet conventional lender requirements