Fast Funding & Approval for Residential & Commercial Mortgages.
Mirate Equity Real Estate Loans
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You've found the ideal place if you're a developer seeking an alternative to traditional banks or an investor looking for your next project. Mirate Equity provides fast and flexible private real estate loans. Our team collaborates with you to offer unique private financing solutions instead of a conventional property mortgage. Our quick approval process enables borrowers like you to seize opportunities promptly. We can assist with private loans for multiple properties or projects and, with our extensive local market experience, we provide numerous benefits that traditional lenders might not. We specialize in private real estate loans for unconventional situations that often need quick closings or flexible financing—circumstances where banks or traditional lenders are either unable to finance or take weeks or months to approve and close. As a private lender, we offer the perfect solution for real estate investors seeking creative financing.
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Highlights of our Private Real Estate Loans:
Loan Amount: $1,000,000 – $75,000,000
Term: 12 months – 60 Months
LTV: Up to 85% LTV
Recourse: Yes
Pre-Payment Flexibility: Yes
Origination Fee: 1% - 5%
PRIVATE REAL ESTATE LOANS FOR RESIDENTIAL PROPERTIES:
Non-owner occupied 1 – 4 residential, condominium, townhomes
Multifamily (5+ units) apartments
REO and foreclosure purchases
PRIVATE REAL ESTATE LOANS FOR COMMERCIAL PROPERTIES:
Office, industrial, retail, hospitality
Mixed-use properties
Vacant or leased buildings
Mortgage and property pools
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PRIVATE REAL ESTATE LOANS FOR CONSTRUCTION PROJECTS:
Final stage residential and commercial properties
Entitled land and lot loans
Fix and flips
Remodel and rehabilitation