"Borrowers in Oklahoma now have a private hard money lender to turn to when traditional financing is not an option" - Joe Hughis, Vice President
Oklahoma City, OK (PRWEB) February 25, 2015
Riverdale Funding, LLC is pleased to announce that it is now making commercial hard money loans in Oklahoma.
“Borrowers in Oklahoma now have a private hard money lender to turn to when traditional financing is not an option,” says Joe Hughis, Vice President of Riverdale Funding. “Not only does Riverdale provide quick decisions and fast closings, but our commercial hard money loans are privately issued, asset-based loans that are underwritten on the value of the real estate rather than on income or credit history.”
Riverdale Funding, LLC is a private hard money lender that specializes in providing a variety of nontraditional commercial loans for commercial real estate investors, throughout the United States. The company is an equity-driven financing (hard money) lender basing its decisions strictly on the value of the real estate with loans ranging from $250,000 up to $5 million.
Last month, the company was designated a Proven Direct Lender by Scotsman Guide Media, the premier leading resource for mortgage originators.
Brokers and Investors looking to secure a fast commercial hard money or bridge loan in Oklahoma must first submit their hard money loan application and photos of the property via Riverdale Funding’s website. Next, the loan experts at Riverdale Funding will assess the application of the potential borrower. This assessment is heavily based on the applicant’s hard assets, there are no credit score requirements so loan decisions happen much more quickly. If the loan is approved, borrowers could receive a loan of up to 65% of their property value (LTV) with terms of 1-3 years, interest only.
More information regarding Riverdale Funding, LLC’s commercial hard money loans can be found online at http://www.riverdalefunding.com
About Riverdale Funding, LLC
Riverdale Funding, LLC is a private commercial hard money lender that specializes in providing a variety of nontraditional commercial loans for real estate investors, in 30 states. We are an equity-driven private hard money lender basing our decisions strictly on the value of the real estate. Riverdale Funding evaluates loan decisions quickly and independently, ultimately providing loans tailored to individual financial needs.