Fast Funding & Approval for Residential & Commercial Real Estate Developers.
Mirate Equity Mortgage Loans
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Mirate Equity offers fast and flexible private mortgage loans. Our team of experts will work with you to provide unique private financing alternatives to a traditional mortgage. Our quick process allows borrowers, like you, to swiftly seize opportunities. We can work with you on private mortgage loans for multiple projects and offer numerous additional benefits that come with years of experience in the local market. Interest rates as low as 9.75%
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We specialize in private mortgage loans for non-conventional situations that often require quick closings or flexible financing that banks and traditional lenders can’t do or would require weeks or months to approve and close. As a private mortgage lender, we offer the perfect solution for real estate investors seeking creative financing.
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Highlights of our Private Mortgage Loans:
Interest Rate: Starting at 9.75%
Loan Amount: $1,000,000 – $75,000,000
Term: 6 months – 60 months
LTV: Up to 90%
Pre-Payment Flexibility: Yes
Origination Fee: 1% - 5%
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RESIDENTIAL PRIVATE MORTGAGE LOANS:
Non-owner occupied 1 – 4 residential.
Condominium, townhomes
Multifamily (5+ units) apartments
REO and foreclosure purchases
COMMERCIAL PRIVATE MORTGAGE LOANS:
Office, industrial, retail, hospitality
Mixed-use properties
Vacant or leased buildings
Mortgage and property pools
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CONSTRUCTION PRIVATE MORTGAGE LOANS:
Final stage residential and commercial
Entitled land and lot loans
Fix and flips
Remodel and rehabilitation