image description
The Benefits Of Borrowing From A Private Commercial Hard Money Lender

10.05.16

As a private commercial hard lender, Riverdale Funding provides capital to borrowers using funds from its own portfolio. Hard money lenders utilize asset-based financing to evaluate borrowers, which is different than traditional lenders. Also the turn around time for hard money loans is significantly shorter that the traditional process.

read more
image description
How To Choose The Right Bridge Loan Lender

10.05.16

But what could also be happening is that your “lender” is actually acting as a mortgage broker. This is not a knock on mortgage brokers. They can play a very valuable role in helping source the right loan and programs for a borrower. However, what this means is your bridge lender may not have access to its own source of money to fund loans.

read more
image description
How To Decide On A Hard Money Lender

10.05.16

There are times when going to a bank is not an available option to get a loan. When looking for a hard money lender it is important to not limit your search to only "neighborhood" banks. Riverdale Funding can lend across the country on a variety of commercial property types.

read more
image description
Why Choose A Commercial Hard Money Loan Over A Traditional Bank Loan

10.05.16

When applying with a traditional bank, borrowers will have to go through a strenuous financial background check. This makes the approval process a long and uphill battle. Commercial hard money loans on the contrary are less strenuous and quicker to approve. You do not need to have a stellar credit score to be approved.

read more
image description
Bridge Loans Help Those With Bad Credit

10.01.16

Bridge Loans Help Those with Bad Credit. Managing finances is not something that comes easy for everyone and sometimes a few mistakes are made along the way resulting in bad credit. Bridge Loans are a good option for those who have struggled with bad credit because the loan is backed by the value ofthe property rather than credit worthiness.

read more
image description
Top 5 Advantages of Getting a Commercial Hard Money Loan

09.23.16

The commercial real estate industry has a variety of property types and even more variations of borrowers who own or are looking to own them.

read more
image description
How to Understand Profit Margins on a Fix & Flip When Using a Bridge Loan

09.21.16

For the better part of the past decade, the real estate market has been energized by investors looking to capitalize on fixing and flipping real estate, which are undervalued and may be a proverbial diamond-in-the-rough.

read more
image description
What are Typical Hard Money Loan Terms

09.13.16

When having money in hand is a priority, hard money loans provide a fast financial life line. Here are hard money lender terms to be aware of when applying for a bridge loan.

read more
image description
The Commercial Mortgage Loan Process

09.13.16

A commercial real estate borrower should understand that both the subject commercial property and the borrower’s financial history will be subject to extensive investigation. Here is an outline of the commercial loan process. In general the commercial loan process can be broken down into these 4 phases.

read more
image description
Top 5 Questions to Ask Your Hard Money Lender

09.01.16

Getting a commercial real estate mortgage can be a time consuming process filled with uncertainties.

read more