Riverdale Funding is a top choice commercial hard money lender for real estate investors and mortgage brokers in Oregon who are looking for alternative commercial real estate financing. Whether you’re looking to purchase, refinance, or receive an emergency cash-out, Riverdale Funding is the commercial hard money lender borrowers and investors trust with their Oregon real estate projects.
Riverdale Funding’s asset-based lending programs for commercial real estate puts investors and borrowers at ease. This is because they know there is funding available that is determined primarily by the value of the real estate that’s used as collateral, rather than borrower financials or credit score.
That’s right Riverdale Funding does not require a borrower to provide financials or a minimum credit score. At Riverdale Funding, all credit scores are accepted and the inability to show financials does not prevent a borrower from qualifying for one of our asset-based commercial loans.
For more information regarding our various asset-based lending programs for commercial real estate, contact us now.
Riverdale Funding offers Oregon commercial loan borrowers and investors the following terms on their commercial loans:
- Loan amounts starting at $250K-$5M+ or higher
- No financials
- No minimum credit score/ all credit accepted
- Up to 65% LTV (loan to value)
- Up to 50% LTV for improved land
- Competitive interest rates
We consider these types of commercial real estate property in Oregon:
- 1-4 SF (Single Family) Investment Properties/ Non-Owner Occupied (NOO)
- Multi-Family/ Apartments
- Retail/ Strip Center
- Improved Land
- Other Properties Considered on a Case-By-Case Basis**
Give us a call to speak directly with one of our friendly and knowledgeable account executives.
The Oregon Commercial Real Estate Market
According to a recent study, Oregon is the nation’s top relocation destination. This is due in part to its ideal economy, which was recently rated as top in the nation thanks to home prices, incomes, tax revenue and mortgage delinquency rates. Real estate professionals continue to see an increase in the number of entrepreneurs and innovators moving to the state. Oregon’s economy relied primarily on natural resources and agriculture in the past, but now major corporations and high technology services are major contributors to its economic success.
Oregon has become a real estate investor and landlord’s dream. That state has seen a major population boost, yet not enough major construction projects are underway to keep up. Therefore vacancy rates are at 3% and cap rates are low, meaning that investor ROI is high. Oregon offers trendy residential investment properties and available tenants longing for stylish, urban lifestyles. They also have a technology sector on the rise, which feeds the high performance of commercial office and industrial properties. Both domestic and international investors have shown interest in Oregon’s "Class A" office space.
Choose Riverdale Funding as the reliable, commercial hard money lender you turn to for all your real estate and investment transactions throughout Oregon. Approvals are quick, paperwork is minimal, and closings are fast.