Miami’s Many Rejected Mortgage Applications

Recent data shows that obtaining a mortgage loan through conventional means is proving to be hard. The state of Florida—particularly cities like Miami and Tampa—are seeing elevated levels of loans being refused as lenders become stricter with their eligibility criteria.   Last year, over 3,000 of the more than 15,500 mortgage applications in Miami were ultimately rejected, resulting in a … Read More

Mortgage Rates Continue to Rise

As the year quickly reaches its end, the long terms rates for mortgages in the United States continue their upward climb following the results of the presidential election. The average rate on a 30-year fixed rate loan increased to 4.03 percent, the highest percentage since July of last year and up from 3.94 percent during the previous week. The rate … Read More

Learn More About the Loans We Offer

For your commercial  loans, you can count on M&M Private Lending to provide you the hard money necessary to fund your endeavors when you need it. Having poor credit is not an issue with us and we offer various types of loans to our prospective borrowers. Interested in some of South Florida’s many commercial real estate opportunities? Our commercial loans … Read More

Fund Your Flipping Project with a Hard Money Lender

If you’re seeking money to do some property flipping, you may decide to go with a private money or hard money lender. They may seem similar, but there are significant differences between the two that could be better suited to your needs.   For starters, a private lender will evaluate your eligibility based on three primary factors: your ability to … Read More

Learn More About How Our Hard Money Loans Can Help You

There may be numerous hard money lending companies doing business, but not all of them are legit or provide the peace of mind of knowing you’re working with an established company. M&M Private Lending Group, LLC has been in the business for decades and we strictly adhere to all laws on a local and national level. If you’ve been thinking … Read More

How Long Can a Hard Money Loan Be Financed?

In many cases, hard money loans are intended for short term needs, a real estate acquisition being one example. The majority of hard money loans are typically available for as little as a month or up to five years, a stark contrast to traditional mortgages that are usually available for ten or thirty years. However, it can be tough to … Read More

The NAR Predicts a Positive Residential Forecast

  The National Association of Realtors (NAR) recently released some positive predictions for existing home sales, suggesting that these sales will see a slight uptick as a greater number of millennials become homeowners.   According to the NAR’s chief economist, existing home sales should be ending the year at a pace of roughly 5.36 million, the best numbers in ten … Read More

Home Flipping Investors Make a Comeback

Investors have resurfaced in home flipping, seeking out markets to find homes in need of a facelift in order to earn a profit. At one point, the practice was considered a factor in contributing to the housing crisis, but it has since become a welcome sign as some city officials view it as a means of solving the affordability crunch. … Read More

Investors Should Go with Hard Money Loans

Hard money loans have become increasingly popular among investors, thanks in part to the greater difficulty involved in getting a traditional loan. In fact, it’s becoming the preferred method of getting a loan. With its efficiency and speed, the fees and interest rates make hard money loans worth it, even for those that typically finance their properties through a bank … Read More

Asian Investors Love Miami

If the first half of this year is any indication, global commercial real estate investments by Asian investors may end up setting a record. Among the country’s markets that are seeing the greatest amount of benefits, Miami comes in fourth place. Per reports, Asian investors spent over $600 million on Miami real estate, a dramatic rise of more than $30 … Read More